Ishan Dyes and Chemicals Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
ISHANCH · price
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Awaiting price reaction for this filing.
Ishan Dyes and Chemicals' board approved its unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to Rs. 1,628.83 lakhs from Rs. 3,297.34 lakhs in the same quarter last year, a decline of roughly 51% year-on-year. Net profit stood at Rs. 30.40 lakhs (EPS of Rs. 0.14) versus Rs. 88.07 lakhs (EPS of Rs. 0.42) in Q1 FY25, though the company returned to profit after posting a Rs. 116.20 lakh loss in Q4 FY25. The board also appointed M/s Kunal Sharma & Associates as Secretarial Auditor for a five-year term (FY26–FY30), subject to shareholder approval, and fixed September 29, 2025 as the date for the 32nd AGM. The statutory auditor issued an unmodified limited review opinion.
The steep drop in both revenue and profit despite a swing back to profitability from the prior quarter is a mixed signal — shareholders should note the weaker top-line performance year-on-year, which could put pressure on the stock in the short term.