Enclosed herewith Financial Results for the Quarter ended on June 30, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Daikaffil Chemicals India reported a strong turnaround in Q1 FY26 (quarter ended June 30, 2025), with revenue from operations at ₹387.69 lacs and a net profit of ₹42.47 lacs (EPS ₹0.71), compared to a loss of ₹30.03 lacs in Q1 FY25. Profit before tax swung from a loss of ₹41.02 lacs to a profit of ₹42.03 lacs year-on-year. The statutory auditor, NVC & Associates LLP, issued an unmodified (clean) limited review opinion on the results. The Board also approved the appointment of NVC & Associates LLP as the new statutory auditor for a 5-year term from FY 2025-26, replacing predecessor auditor NGST & Associates, subject to shareholder approval. Additionally, the Board cleared the incorporation of two new wholly-owned subsidiaries in Nigeria and UAE, appointed Mr. Roshan R Shetty as Executive Director, and fixed the 33rd AGM for September 23, 2025.
A sharp swing to profitability after consecutive losses in FY25 is a positive signal for shareholders and may lift sentiment around the stock. The auditor change and overseas subsidiary expansion signal strategic intent to grow internationally, though execution risks remain. No dividend or capital return was announced.