Announced Thu, 13 Aug · 21:00 IST
Board approves Q1 FY26 results; standalone revenue up 69% YoY
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AI summary
Board approved standalone and consolidated unaudited results for Q1 FY26 ended June 30, 2026. Standalone revenue jumped 68.7% YoY to Rs. 18,000.60 lakhs; net profit up 42.9% at Rs. 561.13 lakhs. Consolidated revenue stood at Rs. 18,707.49 lakhs; net profit at Rs. 346.02 lakhs. Auditor raised concerns on Rs. 6,683 lakhs non-moving inventory carried at cost without NRV proof and depreciation of old plant and machinery.
Likely market impact
Strong revenue and profit growth on standalone basis, but auditor flagged inventory and depreciation issues that could trigger writedowns later.