Q1 consol PAT Rs 0.64 cr; new CFO, key re-appointments
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Global Surfaces Q1 FY27 consolidated revenue Rs 65.42 cr, PAT Rs 0.64 cr against Rs 23.38 cr loss in Q4 FY26. Standalone PAT Rs 2.54 cr. Mr. Mayank Shah stepped down as CFO (additional charge); Mr. Ashish Agarwal appointed as new CFO from Aug 11. Sweta Shah (promoter spouse) re-appointed as Whole-time Director for 3 years and Dr. Chandan Chowdhury as Independent Director for 2 years. Board approved converting Rs 110.44 cr loan to Dubai subsidiary FZE into equity and rolled over Rs 2 cr SBLC corporate guarantee for the subsidiary.
Q1 returned to consol profit; CFO role separation improves governance. UAE subsidiary FZE still loss-making; Bagru unit operations discontinued.