We hereby inform you that Board of Directors of the Company at its meeting held today i.e Friday, August 01, 2025, inter alia approved the Unaudited Financial Results for the quarter ended ....
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Awaiting price reaction for this filing.
FGP Limited reported Q1 FY26 (quarter ended June 30, 2025) unaudited results with total income of Rs. 44.92 lakhs vs Rs. 44.75 lakhs in Q1 FY25 — essentially flat. However, the composition is concerning: revenue from operations is just Rs. 6.54 lakhs (up from Rs. 5.64 lakhs, ~16% growth), while Rs. 38.38 lakhs comes from 'Other Income,' meaning profits are not from core business. Profit after tax stood at Rs. 27.32 lakhs vs Rs. 28.47 lakhs last year, with EPS of Rs. 0.23. The auditor (MVK Associates) issued an unmodified limited review conclusion. Apart from results, the Board approved alteration of the Object Clause to enter commodity trading as a new business line and appointed Ms. Shalu Sarraf as the new Company Secretary from September 15, 2025, replacing Mr. Avi Mundecha. A postal ballot will be sent to shareholders for approvals.
Core operations remain very small and unprofitable on their own, with the company relying on other income to show profits — shareholders should watch whether the proposed commodity trading business translates into genuine revenue growth. Negative other equity of Rs. (855.24) lakhs is also a red flag worth monitoring.