Q1 FY27 results show revenue and profit decline; Cost Auditor appointed
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The board approved Q1 FY27 results and appointed NKJ and Associates as Cost Auditor for FY27. Net Sales fell to Rs 2,746.68 lakhs from Rs 3,574.54 lakhs YoY, a drop of about 23 percent. Net profit dropped to Rs 267.52 lakhs (EPS Rs 5.20) from Rs 570.59 lakhs (EPS Rs 11.10), with a Rs 59.32 lakh exceptional item included. Costs rose as a share of revenue, squeezing margins. Board also approved draft Directors Report and FY26 annual statements.
Q1 results show a sharp fall in revenue and profit year on year, with margins under pressure. Weak operating show may weigh on near-term stock sentiment.