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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IIRM Holdings India reported consolidated Q1 FY26 revenue of Rs. 6,796.49 lakhs, up from Rs. 6,572.52 lakhs a year ago. Net profit came in at Rs. 764.32 lakhs (EPS Rs. 1.12) versus Rs. 906.17 lakhs (EPS Rs. 1.33) in Q1 FY25, while profit before tax rose sharply to Rs. 1,034.43 lakhs from Rs. 444.25 lakhs in the preceding quarter. The Board approved the amalgamation of its subsidiary Sampada Business Solutions with itself, which has now received Regional Director approval. Subsidiary India Insure plans to acquire 100% of Safe Risk Insurance Brokers in a phased manner, subject to IRDAI clearance. The Board also appointed a new secretarial auditor for five years (FY26–FY30), reconstituted the Audit Committee, and applied to revoke the suspension on the Calcutta Stock Exchange. The 32nd AGM is set for September 27, 2025 via video conferencing.
The subsidiary-led acquisition and completed amalgamation approval are growth-positive, while the year-on-year dip in net profit despite higher revenue (due to higher employee and depreciation costs) is a watch point. The CSE delisting/revocation move could streamline the company's listing structure.