Results for the Quarter ended June- 2025
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Awaiting price reaction for this filing.
Meera Industries reported standalone revenue from operations of ₹948.15 lakhs for Q1 FY26, down from ₹991.17 lakhs in Q1 FY25 (a ~4.3% YoY decline). Standalone profit after tax fell sharply to ₹64.78 lakhs from ₹90.39 lakhs (down ~28% YoY), with EPS of ₹0.61 vs ₹0.85 earlier. On a consolidated basis (including US subsidiary), revenue grew to ₹1,052.19 lakhs from ₹991.17 lakhs, but PAT dipped to ₹80.60 lakhs from ₹90.28 lakhs. The Plastic Division (which now includes the merged Yarn Division) slipped into a segment loss of ₹(42.66) lakhs versus a ₹4.42 lakh profit last year. The board also approved a 5-year appointment of M/s Chirag Shah & Associates as Secretarial Auditor, scheduled the 19th AGM for September 11, 2025, and noted standalone results include exceptional items of ₹12.05 lakhs.
Mixed for shareholders: top-line is flat-to-weak on a standalone basis, bottom-line has shrunk notably, and the Plastic Division has turned loss-making, which may pressure the stock in the near term. Offsetting this, the Machine Division continues to drive earnings and consolidated revenue shows healthy growth from the US subsidiary.