Ecos (India) Mobility & Hospitality Limited has informed the Exchange regarding Outcome of Board Meeting held on August 12, 2025.Approved 18 August 2025 as the Record Date pursuant to Regulation 42 of SEBI (LODR) Regulations for determining eligibility for payment of Final Dividend for the financial year ended March 31, 2025, if approved and declared at the AGM.
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The board approved unaudited Q1 FY26 (quarter ended June 30, 2025) financial results. Standalone revenue from operations rose about 23% year-on-year to ₹1,776 million, but net profit was nearly flat at around ₹133 million as costs grew faster. On a consolidated basis, revenue grew about 22% to ₹1,811 million, while net profit fell roughly 27% to about ₹99 million due to higher service and employee costs. The board also fixed August 18, 2025 as the record date to determine shareholders eligible for the final dividend for FY25, subject to approval at the AGM on September 16, 2025. Additionally, the internal auditor (Kapoor Tandon & Co) was reappointed for FY26, and DMK Associates was appointed as secretarial auditor for five years (FY26–FY30). A new wholly owned subsidiary, Ecos Fleet Management Services Private Limited, was incorporated on June 11, 2025.
Strong top-line growth is a positive signal, but the sharp drop in consolidated profit points to margin pressure that investors should watch. The record date announcement is good news for shareholders awaiting the final dividend, pending AGM approval.