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 Bijan Ghosh & Associates. On a standalone basis, revenue from operations jumped to Rs. 908.70 lakhs from Rs. 199.20 lakhs in Q1 FY25, while net profit surged to Rs. 78.09 lakhs from Rs. 15.35 lakhs, translating to an EPS of Rs. 0.02. On a consolidated basis (including subsidiaries Mehai Aqua and KBS Corporates), revenue reached Rs. 1,833.37 lakhs and net profit stood at Rs. 110.61 lakhs (EPS of Rs. 0.03). The board also appointed Neha D Jain & Co as the new internal auditor for FY 2025-26, and segment reporting under 'Sale of Services' and 'Sale of Goods' has been introduced for the first time.
Strong year-on-year growth in both revenue (~4.5x standalone) and profits (~5x standalone) reflects a significant business expansion and is a positive signal for shareholders. The auditor change and new segment disclosure improve transparency and reporting clarity going forward.