Q2 results, new Whole-time Director appointed at Indo Farm Equipment
INDOFARM · price
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Indo Farm Equipment posted strong Q2 FY26 results. Standalone revenue rose 22 percent YoY to Rs 99.06 crore from Rs 81.24 crore. Net profit climbed 31 percent YoY to Rs 4.44 crore. Half yearly revenue was Rs 190.32 crore with PAT of Rs 9.02 crore, up 61 percent YoY. The board also appointed Mr. Amit Kumar as Additional and Whole time Director (Executive, Non Promoter) for three years, pending shareholder approval via postal ballot.
Strong quarter with profit growth and orderly board addition. Postal ballot due for shareholder vote on the new director.