Board approves Q1 FY27 results, CFO resigns, MD re-appointed for 3 years
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Board approved Q1 FY27 (quarter ended June 30, 2026) results. Standalone revenue rose 87% YoY to Rs 11,526.36 lakhs and net profit jumped to Rs 900.08 lakhs from Rs 69.78 lakhs. Consolidated revenue grew 38% to Rs 17,419.32 lakhs and net profit rose to Rs 1,834.64 lakhs. CFO Dhrumil Shah resigned citing career growth. Prakash Parekh re-appointed as MD for 3 years from Nov 1, 2026. Sandeep Shah re-appointed as Independent Director for 5 years. Malaysia subsidiary dissolved. 42nd AGM set for September 25, 2026.
Strong quarterly earnings boost sentiment, but sudden CFO exit may raise short-term governance concerns. Dividend or capital actions unlikely soon.