Q1 FY27 results, 2 director regularizations and new auditor appointed
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Board approved Q1 FY27 results: revenue from operations fell to 501.50 lakhs from 678.22 lakhs year on year. Net profit declined to 34.83 lakhs from 66.33 lakhs. Consolidated net profit stood at 30.31 lakhs. Two additional directors (Neha Beriwala and Rajesh Kumar Agrawal) were regularized as Executive Directors. M/s. Bilimoria Mehta and Co. appointed as new Statutory Auditor for 5 years, replacing Pramod K Sharma and Co. after their term ends. 34th AGM scheduled for September 28, 2026.
Q1 results show revenue and profit decline year on year. Auditor change and director regularizations are routine governance matters.