Submission of Outcome of Board Meeting pursuant to Regulation 30 & 33 of SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015.
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New Light Apparels Limited's Board approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations jumped sharply to ₹317.59 lakhs versus ₹72.05 lakhs in Q1 FY25, a roughly 4.4x increase. Profit after tax rose to ₹26.93 lakhs from ₹2.81 lakhs in the same quarter last year. No tax provision was made as the company is carrying forward prior losses. The Board also approved the appointment of M/s Shashank Kumar & Associates as Secretarial Auditors for FY 2024-25. The statutory auditor (NGMKS & Associates) issued a clean limited review report with no qualifications.
Strong sequential recovery in revenue and profits is positive for shareholders, but absolute numbers remain small and the growth comes off a very low base. The clean auditor review and no exceptional items support a stable picture, though investors should note the company is still loss-making cumulatively.