Enclosed are the revised financial results for the quarter ended June 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orosil Smiths India has submitted revised unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), originally filed on July 25, 2025. The revision was prompted by reclassifying Rs. 4,72,636 in additional premiums paid on certain investments from expense to capitalised investment, and a Rs. 58,273 correction in excess interest income reported earlier, leading to a net adjustment of Rs. 4,14,763. The Board approved the revised results along with the Limited Review Report of statutory auditor DMARKS & Associates, which issued an unmodified review conclusion. For the quarter, revenue from operations stood at Rs. 87.87 lakh versus Rs. 4.54 lakh in Q1 FY25, total income at Rs. 97.49 lakh, and the company swung to a profit of Rs. 3.44 lakh from a loss of Rs. 13.58 lakh a year earlier, with basic EPS of Rs. 0.01. The filing also covers the 31st AGM on September 30, 2025, book closure from September 24–30, 2025, appointment of scrutiniser, and re-appointment/regularisation of four directors including promoter B.K. Narula and Rita Narula.
The revision itself is minor in absolute terms (under Rs. 5 lakh), so financial impact on shareholders is negligible, but the restatement within three weeks of original submission may raise minor governance questions. Operationally, the sharp year-on-year jump in revenue and return to profit in Q1 FY26 is a positive signal for the small-cap jewellery company heading into the festive season.