NRB Bearing Limited has informed the Exchange about change in Management
NRBBEARING · price
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NRB Bearings' board approved standalone and consolidated unaudited results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to Rs 27,856 lakhs (from Rs 25,335 lakhs in Q1 FY25), and profit after tax jumped to Rs 2,639 lakhs (from Rs 1,755 lakhs), with EPS of Rs 2.72. Consolidated revenue stood at Rs 31,005 lakhs with a PAT of Rs 3,281 lakhs. The board also approved the re-appointment of Ms. Harshbeena Zaveri as Vice Chairman & Managing Director for another 5 years (Oct 1, 2025 to Sept 30, 2030), ensuring leadership continuity. Additionally, the authorized share capital will be raised from Rs 20 crore to Rs 40 crore, subject to shareholder approval.
Strong Q1 performance with ~50% PAT growth and leadership continuity should be viewed positively by shareholders. The doubling of authorized share capital signals room for future fundraising or stock split, which may affect share price dynamics.