Q2 profit surges; board recommends two whole-time director appointments

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Price reactionminutes from the announcement price · days from the prior close

+2.3%Reaction day

₹812.95

prior close

₹873.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.6% vs market

Other Electrical Equipment peers, median of 50sector+0.2%+2.1% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.1 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-7.2

10m

-5.7

15m

-5.7

30m

-5.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3+0.7+1.6+0.2+2.1

Next day

+1.0pendingpending-2.1+3.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Quarterly revenue rose 59.7% year on year to Rs 942.95 crore, while profit after tax jumped 495.4% to Rs 287.31 crore. The board recommended two whole-time director appointments, subject to shareholder approval: Vedhanth Senthilkumar for two years from January 20, 2027, and CFO Thiagarajan Arumugam as Director-Finance for five years. A postal ballot will follow.

Likely market impact

Strong profit growth is positive, but investors may focus on governance and the shareholder vote on the appointments.