Eureka Forbes Limited has informed the Exchange about change in Management
EUREKAFORB · price
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On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.2 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Eureka Forbes reported its Q1 FY26 results on August 11, 2025. Standalone revenue from operations grew about 10% year-on-year to ₹60,774 lakhs, with profit after tax rising roughly 24% to ₹3,852 lakhs (Basic EPS ₹1.98 vs ₹1.60 in Q1 FY25). Consolidated performance was broadly similar, with revenue of ₹60,787 lakhs and PAT of ₹3,870 lakhs. Alongside results, the Board accepted the resignation of Company Secretary & Compliance Officer Ms. Pragya Kaul (effective August 29, 2025) to pursue an external opportunity, and that of Mr. Satish Satyarthi, Chief Innovation & R&D Officer (effective September 28, 2025) for personal and family reasons. Existing Chief Technical Officer Mr. Suresh Redhu will additionally lead the Innovation and R&D function.
The Q1 results show healthy double-digit profit growth and steady top-line expansion, which is positive for shareholders. The departure of two senior managerial personnel in quick succession may raise short-term governance and execution concerns, though an internal replacement has already been lined up for the R&D role.