The Board of Directors in its Meeting held on 13.08.2025 (Wednesday) at the Registered Office of the Company, has approved the Un-Audited Financial Results for the Quarter ended 30.06.2025 ....
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GS Auto International's board, at its meeting on 13 August 2025, approved the un-audited financial results for the quarter ended 30 June 2025 along with the limited review report from Sukhminder Singh & Co., Chartered Accountants. Total income for Q1 FY26 stood at Rs. 376.64 crore (vs Rs. 382.73 crore in Q1 FY25), marginally down year-on-year. However, net profit rose sharply to Rs. 60.87 lakh from Rs. 43.62 lakh in the same quarter last year, an increase of about 40%, helped by lower expenses. Basic and diluted EPS improved to Rs. 0.42 from Rs. 0.30 in Q1 FY25. The board also approved the re-appointment of Mr. Sehijpal Singh Khangura as Independent Director, subject to shareholder approval at the upcoming AGM, and approved the AGM notice, book closure dates, secretarial audit report and appointment of scrutinizer for e-voting.
The bottom-line growth on a slightly lower revenue base indicates margin improvement, which is mildly positive for shareholders. The re-appointment of an independent director maintains board continuity ahead of the AGM, and there are no governance red flags in this filing.