The Board of Directors of the Company at its meeting held on 06th August 2025 at the registered office of the Company.
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Euro Leder Fashion reported strong Q1 FY26 results with net sales rising about 68% year-on-year to Rs 539.04 lakhs (from Rs 320.62 lakhs). Total income grew to Rs 595.24 lakhs versus Rs 343.08 lakhs a year ago. Profit after tax jumped nearly threefold to Rs 5.22 lakhs from Rs 1.84 lakhs, lifting EPS to Rs 0.13 from Rs 0.05. The statutory auditor Darpan & Associates issued a clean limited review report with no qualifications. The board also approved the 33rd AGM for September 25, 2025, appointed a new secretarial auditor for five years, an internal auditor for FY26, and a new Independent Director Mrs. Ashitha K for a five-year term.
Sharp revenue and profit growth after a weak base quarter is a positive signal for shareholders, though absolute profit remains thin. The clean audit report and stable governance appointments reduce near-term risk; the stock impact will likely depend on whether this growth sustains in coming quarters.