The outcome of the Board Meeting dated 12th August, 2025 is as follows: 1. Approved the unaudited financial results for the quarter ended 30th June, 2025. 2. Taken on record the Secretarial ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited financial results for Q1 FY26 (quarter ended 30th June, 2025). Revenue from operations fell sharply to Rs. 26.00 lakhs from Rs. 40.59 lakhs in Q1 FY25, a year-on-year decline of about 36%. Net profit dropped to Rs. 5.69 lakhs from Rs. 19.04 lakhs in the same quarter last year. The Board also approved the draft Directors Report and notice for the 47th AGM scheduled for 25th September, 2025 via video conferencing. A new Independent Director, Mr. Amir J. Pradhan, was appointed for a 5-year term. Statutory auditor D. Kothary & Co. issued an unqualified limited review report.
Sharply lower revenue and profit year-on-year may concern shareholders, though the overall numbers are small in absolute terms. The Rs. 10 crore corporate guarantee extended on behalf of Global Offshore Services Ltd adds a contingent liability that investors should monitor.