Fedders Electric and Engineering Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
Fedders Electric and Engineering Limited submitted its unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to Rs 77.36 Cr from Rs 141.97 Cr in the same quarter last year, a drop of about 45.5%. Profit after tax stood at Rs 16.60 Cr versus Rs 20.36 Cr a year ago, while EPS came in at Rs 5.53. The bottom line got a lift of Rs 4.33 Cr from exceptional income. The statutory auditor issued a qualified opinion flagging several concerns, including non-compliance with the 25% public shareholding rule, Rs 47.65 lacs not yet transferred to the Investor Education and Protection Fund, lack of a proper fixed asset register, and missing documentation for travel expenses. The company's shares remain suspended on both BSE and NSE, and management has applied to NCLT for delisting, which is pending approval.
Trading in the stock is already suspended on both BSE and NSE and the company is actively pursuing delisting, so these results have little near-term effect on shareholders. However, the steep revenue decline and the auditor's qualified opinion highlight ongoing governance, compliance, and operational concerns that investors should weigh carefully.