Outcome of Board Meeting held today on Thursday, August 14, 2025
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Mehai Technology's board, which met on August 14, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025) along with the limited review report from statutory auditor M/s. Bijan Ghosh & Associates. On a standalone basis, revenue from operations surged to Rs. 908.70 lakhs from Rs. 199.20 lakhs in the same quarter last year, while net profit climbed to Rs. 78.09 lakhs from Rs. 15.35 lakhs. On a consolidated basis (including subsidiaries Mehai Aqua Pvt Ltd and KBS Corporates Pvt Ltd), revenue jumped to Rs. 1,833.37 lakhs and net profit rose to Rs. 110.61 lakhs, versus Rs. 199.20 lakhs and Rs. 15.50 lakhs a year ago. The board also appointed M/s. Neha D Jain & Co, Chartered Accountants (FRN 333778E), as the Internal Auditor for FY 2025-26. Additionally, the company has begun reporting under two new segments - 'Sale of Services' and 'Sale of Goods' - from this quarter onwards.
The sharp year-on-year jump in both standalone and consolidated revenue and profits signals strong operational momentum for the company. The new internal auditor appointment is a routine governance matter and not expected to affect shareholders materially.