Chairman re-appointed; Q1 profit jumps to Rs 36.6 crore vs Rs 17.85 lakh loss YoY

Board approved Q1 FY27 results: revenue Rs 116 crore (up 80 percent YoY), net profit Rs 36.6 crore versus Rs 17.85 lakh loss earlier. Mr. Raghavendra Anant Mody, third generation promoter, re-appointed as Chairman and Whole Time Director for 3 years from October 2026 to October 2029, pending shareholder approval. AGM fixed for September 8, 2026. Board also approved additional Rs 155 crore unsecured loan from related party HEIL for capex and working capital, and re-appointed cost auditors.