Outcome of the Board Meeting dated 06-Aug-2025.
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Bloom Industries' board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 554.61 lakhs, down about 27% from Rs. 756.09 lakhs in the same quarter last year, though it improved sequentially from Rs. 411.15 lakhs in Q4 FY25. Profit after tax came in at Rs. 13.34 lakhs (EPS Rs. 0.20), lower than Rs. 18.22 lakhs in Q1 FY25 but higher than Rs. 8.03 lakhs in Q4 FY25. The statutory auditor (Tibrewal Chand & Co) issued an unqualified limited review report. The board also appointed M/s Gopinath Nayak & Associates as Secretarial Auditor for five years (FY26–FY30) and Dr. S.K. Jain as Scrutinizer for the upcoming AGM.
Year-on-year revenue and profit both declined sharply, signaling weaker Q1 demand or pricing in the company's iron & steel trading business. However, the sequential recovery from Q4 FY25 and a clean audit review are mildly positive, suggesting the YoY weakness may not be a structural concern.