Announced Thu, 13 Aug · 17:04 IST

Q1 FY27 results approved; auditor change and director reappointment

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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AI summary

Board approved Q1 FY27 unaudited results for quarter ended June 30, 2026. Total income rose to Rs 6,326.02 lakh from Rs 5,351.21 lakh year on year, but net profit dipped to Rs 122.38 lakh from Rs 139.58 lakh. EPS at Rs 0.87 versus Rs 1.00. Statutory auditor Pankaj K. Goyal and Co resigned mid-term; Sanjay Sangal and Associates appointed for 5 years. Mohit Jain, son of CMD Sandeep Jain, reappointed to office/place of profit.

Likely market impact

Mixed quarter with revenue up about 18 percent but profit down about 12 percent; mid-term auditor change and related-party reappointment may draw governance scrutiny.