This is to inform you that pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; the Board of Directors, at their meeting held ....
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Maestros Electronics reported its Q1 FY26 results with revenue from operations of ₹1,043.07 lakhs, up about 20% from ₹869.68 lakhs in Q1 FY25. Total income stood at ₹1,094.30 lakhs versus ₹920.93 lakhs a year ago. Profit before tax rose to ₹204.35 lakhs (vs ₹169.17 lakhs) and profit after tax came in at ₹151.75 lakhs versus ₹125.49 lakhs, a growth of roughly 21% YoY. EPS was ₹2.75 compared to ₹2.28 in the year-ago quarter. The Medical segment continues to dominate, contributing ₹1,034.90 lakhs of revenue, while Telemedicine and Electronics & Instrumentation remain small. The consolidated PAT was ₹153.30 lakhs (EPS ₹2.78). The results carry an unqualified limited review from the new auditor, Motilal & Associates LLP, who noted that prior periods were reviewed by the previous auditor DMKH & Co.
Strong YoY top-line growth of ~20% and steady PAT growth signal healthy operational momentum, though margins show mild compression. The change in statutory auditor is disclosed but does not appear to affect the conclusions. Overall mildly positive for shareholders.