Outcome of Board Meeting held on 24th July, 2025
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Awaiting price reaction for this filing.
Fervent Synergies' board approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025) and fixed the 16th AGM for 18 September 2025 via video conferencing. Revenue from operations nearly doubled YoY to Rs. 68.25 lakhs (vs Rs. 34.13 lakhs in Q1 FY25), driven entirely by the Finance Business Division as the Foods segment reported zero revenue this quarter. Net profit surged to Rs. 38.26 lakhs (vs Rs. 7.18 lakhs), translating to EPS of Rs. 0.08 (vs Rs. 0.02). Statutory auditor S.H. Dama & Associates issued an unqualified limited review report with no qualifications or emphasis of matter.
Strong top-line doubling and a sharp jump in profitability are positive for shareholders, though results are off a small base and the absence of Foods segment revenue this quarter is worth monitoring. The clean auditor opinion and unchanged auditor (no mid-year change) support confidence in the numbers.