Outcome of Board meeting held on 12th August, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Deco Mica Ltd approved unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025), reporting revenue from operations of Rs. 1,531.26 lakhs and profit after tax of Rs. 43.65 lakhs (EPS Rs. 1.04). Compared to Q1 FY25, revenue dipped slightly from Rs. 1,582.37 lakhs while PAT surged sharply from Rs. 10.10 lakhs, driven by lower raw material costs and a favourable change in inventory position. The board also appointed Ms. Florica Patel as the new Company Secretary and Compliance Officer, and M/s Nimesh M. Shah & Co. as Internal Auditor for FY 2025-26. The statutory auditors (J.T. Shah & Co.) issued an unmodified limited review opinion. The board also acknowledged a delay in filing the FY25 annual results (filed only on 8 July 2025).
Strong PAT growth (~4x year-on-year) and an unmodified auditor opinion are positive signals for shareholders, though the mild year-on-year revenue dip and the acknowledged delay in prior annual results filing may raise minor governance concerns.