we would like to inform you that the Outcome of Board Meeting held on Monday, August 04, 2025 interalia, considered and approved Un-Audited Financial Results of the Company for Quarter ....
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Awaiting price reaction for this filing.
Kisan Mouldings' Board, at its meeting on August 4, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs 6,149.36 lakh, down from Rs 6,826.17 lakh in Q1 FY25 (~10% YoY decline). Profit after tax collapsed sharply to Rs 6.83 lakh versus Rs 301.54 lakh in the year-ago quarter, with EPS at Rs 0.01 vs Rs 0.25. Sen & Ray, Chartered Accountants issued a clean limited review report. Separately, the Board approved the appointment of M/s. Nidhi Bajaj & Associates as Secretarial Auditor for five years (FY26–FY30), subject to shareholder approval, and appointed Ms. Falak Mody as the new Company Secretary & Compliance Officer. Additionally, 10 promoter group members holding a combined 3.93% stake sought reclassification to the 'Public' category, citing they are not involved in day-to-day affairs and that the company has become a subsidiary of Apollo Pipes Limited.
The sharp YoY drop in both revenue and profit indicates significant operational weakness in Q1 FY26, which may weigh on the stock. The promoter reclassification (subject to shareholder and BSE approval) and the change in management composition around Apollo Pipes' subsidiary status are structural developments that could affect promoter holding disclosures and governance going forward.