Outcome of Board Meeting Held on August 01, 2025 along with the Unaudited Financial Results for the quarter ended June 30, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Enbee Trade & Finance's board met on August 1, 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations nearly doubled year-on-year to Rs 729.17 lakhs (vs Rs 373.38 lakhs in Q1 FY25), while profit after tax jumped to Rs 247.09 lakhs from Rs 94.79 lakhs a year earlier. The board also noted the resignation of Mr. RakeshKumar Dinesh Mishra as a Non-Executive Independent Director, effective July 28, 2025. M/s HPVS & Associates has been recommended as the new statutory auditor, replacing M/s Ambavat Jain & Associates LLP after their five-year term ended, with the outgoing auditors raising no concerns. Additionally, M/s Feni Shah & Associates was appointed as Secretarial Auditor for FY25. The board acknowledged the company's strategic entry into the two-wheeler loan segment of the automotive finance sector.
Strong YoY growth in both revenue (~95%) and profit (~161%) signals improving business momentum, though the EPS dipped to Rs 0.04 due to a much larger share base after a recent equity issuance. The auditor change is a routine five-year rotation with no red flags, and the move into two-wheeler financing could open a new growth vertical for shareholders to watch.