Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income rose to Rs 142.18 lakhs from Rs 109.02 lakhs in Q1 FY25, a jump of about 30%. Profit before tax grew to Rs 135.76 lakhs from Rs 106.63 lakhs, and profit after tax climbed to Rs 135.12 lakhs from Rs 101.83 lakhs, with EPS at Rs 6.08 versus Rs 4.58 a year ago. The strong results were driven mainly by net gains on fair value changes of Rs 122.75 lakhs and brokerage income of Rs 14.34 lakhs. The board also appointed M/s P.S. Dua and Associates as Secretarial Auditor for 5 years (FY26–FY30), subject to shareholder approval. A note in the results flagged that the company sold investments to a related party at Rs 21.92 lakhs against a purchase price of Rs 45 lakhs, resulting in a loss on the transaction.
Strong quarter-on-quarter recovery with healthy PAT growth, but investors should note the related-party sale was made at a significant loss (about 51% below cost). The secretarial auditor appointment is routine governance and unlikely to affect the stock.