Announced Wed, 15 Jul · 12:52 IST

Q1 FY27 results, new MD appointed, name change to Regenova Renewtech

Ceo Appointed ExternalManagement Changes View source PDF

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AI summary

Q1 FY27 revenue rose 414 percent YoY to Rs. 12.45 Crore from Rs. 2.42 Crore. Net profit jumped to Rs. 1.25 Crore from Rs. 0.07 Crore. EPS stood at Rs. 0.86 versus Rs. 0.05. Q1 profit alone equals 69 percent of full FY26 PAT. Mr. Murli Shivshankaran Nair appointed as Managing Director for 3 years effective July 6, 2026, pending shareholder approval. Board also approved a name change to Regenova Renewtech Limited, subject to shareholder approval, reflecting the company's shift into solar and clean energy. The firm operates a 5MW solar project in Jakasana, Gujarat.

Likely market impact

Strong revenue and profit growth, fresh executive leadership, and a rebranding aligned with the clean energy pivot. Positive momentum for shareholders.