Alteration to the main object clause of MOA of the Company, subject to approval of members in the ensuing AGM.
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Comfort Intech's board approved standalone Q1 FY26 (quarter ended June 30, 2025) revenue of Rs. 2,734.93 lakhs, down about 42% from Rs. 4,701.85 lakhs in Q1 FY25, while standalone profit after tax rose to Rs. 205.23 lakhs from Rs. 108.43 lakhs (nearly doubled). Consolidated PAT swung to Rs. 510.76 lakhs from a loss of Rs. 586.13 lakhs, mainly due to a profit share of Rs. 312.41 lakhs from associate Liquor India Limited versus a loss share of Rs. 663.04 lakhs last year. On a consolidated basis, revenue also fell to Rs. 2,888.23 lakhs from Rs. 4,830.23 lakhs. The board approved adding agricultural commodities to the main objects clause of the MOA, subject to shareholder approval. The AGM is fixed for September 25, 2025, with record date of September 18, 2025 for e-voting and eligibility for the final dividend.
Strong jump in profitability despite sharp revenue decline suggests better margins or favourable mix, but the headline revenue contraction is a concern. The proposed entry into agricultural commodities diversifies the business beyond trading, liquor manufacturing, financing, and leasing. Watch for AGM outcome on MOA amendment and final dividend details.