Announced Tue, 12 Aug · 16:43 IST

Outcome of Board Meeting

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board of BMB Music & Magnetics Ltd met on August 12, 2025 and approved two key items. First, the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025): revenue from operations stood at Rs. 90 lakhs versus Rs. 60 lakhs in the year-ago quarter, while total revenue was Rs. 90 lakhs against Rs. 88.61 lakhs previously. Profit after tax dropped sharply to Rs. 44.80 lakhs from Rs. 108.15 lakhs YoY, mainly because total expenses swung to Rs. 45.20 lakhs from a negative Rs. 9.80 lakhs earlier. EPS came in at Rs. 0.74 versus Rs. 1.78 in Q1 FY25. Second, the board appointed M/s ATCS & Associates, a Jaipur-based practicing company secretary firm, as secretarial auditor for FY 2024-25.

Likely market impact

Revenue held up but profitability nearly halved year-on-year, which is the main negative takeaway for shareholders. The secretarial auditor appointment is a routine compliance matter and is unlikely to move the stock.