Announced Tue, 12 Aug · 18:49 IST

Ecos (India) Mobility & Hospitality Limited has informed the Exchange regarding Outcome of Board Meeting held on August 12, 2025.Appointment of M/s Kapoor Tandon & Co (Firm Registration No: 000952C) as Internal Auditor for the financial year 2025-26.

Management Changes View source PDF

ECOSMOBLTY · price

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▲ 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

Ecos (India) Mobility & Hospitality reported standalone revenue from operations of ₹1,776.43 million for Q1 FY26 (quarter ended June 30, 2025), up about 23% year-on-year from ₹1,440.63 million in Q1 FY25. Net profit for the quarter stood at ₹132.64 million, marginally higher than ₹132.49 million in the same quarter last year, while EPS was ₹2.21. The Board reappointed M/s Kapoor Tandon & Co as Internal Auditor for FY 2025-26 and appointed M/s DMK Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval. The 29th AGM is scheduled for September 16, 2025, with August 18, 2025 fixed as the record date for eligibility of the final dividend for FY25.

Likely market impact

Steady top-line growth but flat year-on-year profits suggest margin pressure; auditor changes and new subsidiary (Ecos Fleet Management) are routine governance matters with no direct material impact. Shareholders should watch the upcoming AGM for dividend approval and full-year outlook.