Q1 profit of Rs 1.18 lakh; statutory auditor changes due to firm merger
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Futuristic Securities posted Q1 FY26 (ended June 30, 2026) net profit of Rs 1.18 lakh against a loss of Rs 1.62 lakh in the year-ago quarter. Revenue from operations stayed flat at Rs 1.58 lakh, while total income rose to Rs 3.20 lakh from Rs 1.65 lakh on higher other income. EPS stood at Rs 0.06 versus minus Rs 0.08 earlier. Statutory auditor MAKK and Co resigned effective Aug 11, 2026, due to its merger with MKPS and Associates LLP, which has been appointed to fill the casual vacancy. The 55th AGM is set for Sept 30, 2026.
Return to profit in Q1 is driven by other income, not core revenue growth. Auditor change is procedural due to a firm merger, not a red flag.