Outcome of Board Meeting of Expo Engineering and Projects Limited for consideration of Unaudited Financial Results of the Company for the first quarter and three months ended on June 30, ....
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). Net sales came in at Rs. 1,784.54 lakhs, almost flat compared to Rs. 1,770.81 lakhs in the same quarter last year (growth of less than 1%). However, profit after tax jumped sharply to Rs. 104.45 lakhs from Rs. 28.78 lakhs year-on-year, a roughly 3.6x increase, helped by lower finance costs (Rs. 75.84 lakhs vs Rs. 99.62 lakhs) and reduced other expenditure. EPS rose to Rs. 0.46 from Rs. 0.13. The auditor (K.S. Shah & Co.) issued an unqualified limited review report. The board also approved the 42nd AGM notice (September 29, 2025), book closure from September 23-29, 2025, and the appointment of M/s ND and Associates as Secretarial Auditor for five years. The company's name change from Expo Gas Containers Ltd to Expo Engineering and Projects Ltd (effective July 21, 2025) was also noted.
Despite near-stagnant revenue, the sharp improvement in profitability — driven by lower interest costs and better cost management — is a positive signal for shareholders, though the small base means sustainability of margins will need to be watched in coming quarters.