Board Meeting Outcome Of The Meeting Held On August 12, 2025.
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Olympia Industries' Board, at its meeting on August 12, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total revenue rose to ₹7,482.42 lakhs from ₹6,583.07 lakhs in the same quarter last year, a year-on-year growth of about 13.7%. Net profit improved to ₹39.91 lakhs from ₹29.23 lakhs, up roughly 36.5% YoY, with EPS at ₹0.66 versus ₹0.49 earlier. The Board also accepted the resignation of Mr. Akshay Firodiya as Company Secretary and Compliance Officer, effective August 15, 2025, citing better career opportunities. The auditors issued an unqualified limited review report on the results.
The results show healthy revenue and profit growth on a YoY basis, which is mildly positive for shareholders, though absolute profit remains small. The exit of the Company Secretary creates a short-term compliance gap that the company will need to fill quickly.