Board of Directors at their meeting held today i.e. Wednesday, 30th July, 2025, considered and approved the Unaudited Standalone and Consolidated Financial Results along with Limited Review ....
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Menon Pistons' board, meeting on July 30, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to Rs 6,450.09 lakhs from Rs 5,673.25 lakhs in Q1 FY25 (up ~13.7%), but standalone profit after tax dipped to Rs 519.75 lakhs from Rs 566.32 lakhs (down ~8.2%) due to higher operating expenses. On a consolidated basis, revenue grew to Rs 8,028.65 lakhs from Rs 6,939.89 lakhs (~15.7% YoY) and PAT rose to Rs 776.52 lakhs from Rs 706.79 lakhs (~9.9% YoY), with EPS of Rs 1.52 vs Rs 1.39. Statutory auditor P G Bhagwat LLP issued an unqualified limited review report for both standalone and consolidated results.
Mixed picture for shareholders - consolidated growth is healthy with double-digit revenue and earnings gains, but standalone earnings slipped despite revenue growth, suggesting cost pressures on the parent. The clean auditor opinion provides comfort on reporting quality.