Approved and adopted Un-audited financial results for the quarter ended 30.06.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations more than doubled to ₹822.93 lakhs from ₹353.87 lakhs in the same quarter last year, driven mainly by share trading and interest on advances. However, total expenses surged to ₹861.34 lakhs (vs ₹251.51 lakhs), resulting in a loss before tax of ₹38.40 lakhs and a net loss of ₹40.95 lakhs (EPS of -₹0.66), compared to a profit of ₹197.71 lakhs in Q1 FY25. The board also approved the re-appointment of Jitendra K. Vakharia as Managing Director for three years, Kiron Basty Shenoy as Independent Director for a second five-year term, and Sindhu Nair & Associates as Secretarial Auditors for FY26–FY30. The 36th AGM is scheduled for September 5, 2025 via video conferencing.
Despite strong revenue growth, sharp expense inflation pushed the company into a quarterly loss, which may concern shareholders about cost discipline. The director re-appointments ensure management continuity but are routine and require shareholder approval at the upcoming AGM.