Qtrly Results 30.06.2025
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The Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. Standalone revenue from operations rose sharply to around Rs. 269.79 lakhs (Q1 FY25: ~Rs. 95.91 lakhs), and consolidated revenue rose to about Rs. 384.50 lakhs (Q1 FY25: ~Rs. 198.99 lakhs), both showing strong YoY growth. The Board appointed Mr. Kavya Arora as Managing Director and Ms. Ketki Gupta as Joint Managing Director for three-year terms, following the resignation of Mr. Sanjeev Arora (former CMD and promoter) who stepped down on August 3, 2025 to take up a Cabinet Minister position. The Board also recommended appointing M/s HDSG & Associates as statutory auditor for a five-year term, replacing M/s Khandelwal Jain & Co. whose tenure ends at the 38th AGM. The auditor issued an unmodified limited review report on both standalone and consolidated results.
Strong revenue growth is a positive signal, but the key story is the governance reshuffle with promoter family members taking over top management after Sanjeev Arora's exit for a political role, alongside a routine statutory auditor change. Retail investors should monitor execution under the new leadership and watch for continuity of the revenue momentum in coming quarters.