Outcome of Board meeting
Awaiting price reaction for this filing.
CES Limited's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose about 16.5% year-on-year to ₹7,834.83 lakhs, while consolidated revenue grew roughly 7.6% to ₹14,150.95 lakhs. However, profitability weakened sharply: standalone profit after tax fell about 78% YoY to just ₹48.61 lakhs (from ₹223.45 lakhs), and consolidated PAT dropped about 25% to ₹638.73 lakhs. EBITDA margins also compressed meaningfully on the consolidated side, driven by rising employee and other expenses. The company disclosed it has received in-principle approval from BSE (dated July 15, 2025) for voluntary delisting of its equity shares. Statutory auditors NG Rao & Associates issued a clean limited review report with no qualifications on both standalone and consolidated results.
Mixed quarter for shareholders - top-line growth is healthy but bottom-line has deteriorated sharply with margins under pressure. The voluntary delisting plan is the key thing to watch, as it will eventually determine the exit price and whether shareholders get a fair buyout opportunity.