Q1 results approved; Whole-time Director resigns
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Board approved Q1 FY27 unaudited results on Aug 11, 2026. Standalone revenue was flat at Rs 153.12 lakhs but profit fell to Rs 5.16 lakhs from Rs 15.20 lakhs year-on-year. Consolidated profit dropped sharply to Rs 4.31 lakhs from Rs 43.97 lakhs. The Board accepted Whole-time Director Mr Sumit Sengupta's resignation effective July 31, 2026, re-constituted committees, approved the FY26 Directors Report, and fixed 38th AGM details. Auditors issued an unmodified review report.
Weak Q1 earnings with sharp profit decline signal business headwinds. Director exit may raise short-term governance concerns for shareholders.