Considered and approved unaudited Financial Results for the quarter ended 30th June 2025 along with other Agenda.

Elango Industries reported unaudited Q1 FY26 results (quarter ended 30 June 2025) with revenue from operations rising sharply to Rs. 21.19 lakhs from Rs. 4.32 lakhs in Q1 FY25. Total revenue stood at Rs. 21.36 lakhs versus Rs. 4.32 lakhs a year ago. However, the company continued to post a net loss of Rs. 4.89 lakhs, though this was an improvement from a Rs. 9.59 lakh loss in the same quarter last year. Total expenses rose to Rs. 26.22 lakhs from Rs. 13.82 lakhs, mainly driven by higher purchases and other expenditure. The statutory auditor (P. Pattabiramen & Co.) issued a qualified conclusion, flagging uncertainty over recoverability of a long-pending electricity subsidy receivable of Rs. 1.10 crore under loans and advances—a qualification that has been repeating since March 2022. The board also approved the re-appointment of Mr. S. Elangovan as Managing Director for 5 years, the appointment of Mrs. Ashitha K as Independent Woman Director (who will chair the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees), and the re-appointment of the statutory and secretarial auditors for 5-year terms.