This is to inform you that the Board of Directors of the Company at its meeting held on 13th August, 2025, inter-alia, has transacted the following business: 1) Approval of Unaudited ....
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Mukat Pipes' Board met on 13th August 2025 and approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue from operations stood at around Rs. 94.91 lakhs, down from Rs. 104.87 lakhs in the same quarter last year. The company reported a loss before tax of Rs. 25.04 lakhs versus a loss of Rs. 16.02 lakhs in Q1 FY25, with EPS at (Rs. 0.21) versus (Rs. 0.14) earlier. The Board also recommended appointing Ms. Yogita of Yogita & Associates, Patiala, as Secretarial Auditor for a five-year term (FY26–FY30), subject to shareholder approval. Additionally, the notice for the 38th Annual General Meeting was approved. Statutory auditor Gurpreet Kaur & Associates issued an unqualified limited review report on the results.
A widening quarter-on-quarter loss and falling revenue suggest continued operational stress, which may weigh on sentiment. The new secretarial auditor appointment is routine and unlikely to move the stock on its own; no major governance or leadership changes were announced.