Nagreeka Capital & Infrastructure Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
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The board, at its meeting on August 12, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income fell sharply to ₹1,274.69 lakhs from ₹2,209.68 lakhs in the year-ago quarter, a drop of about 42%. Profit after tax declined to ₹358.57 lakhs from ₹436.73 lakhs, with EPS at ₹2.84 versus ₹3.46. The board also appointed Mrs. Sarita Patwari as an additional non-executive non-independent women director, proposed converting Mr. Sushil Patwari's role from Non-Executive to Executive Director effective October 1, 2025, and approved remuneration for Managing Director Mr. Sunil Patwari. The 31st AGM has been scheduled for September 23, 2025. Statutory auditor Das & Prasad issued a clean limited review report with no qualifications or emphasis of matter.
The steep year-on-year drop in revenue and profit is a negative signal for shareholders and may weigh on the stock. The director changes and remuneration proposals are routine but require shareholder approval at the upcoming AGM.