Outcome of Board Meeting held on August 13, 2025
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Panabyte Technologies Ltd's Board approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations nearly doubled to Rs. 186.39 lakhs from Rs. 96.04 lakhs in Q1 FY25, a growth of about 94% year-on-year. Total income rose to Rs. 193.58 lakhs from Rs. 101.50 lakhs. Despite strong revenue growth, the company swung to a loss before tax of Rs. 18.31 lakhs (vs. profit of Rs. 1.33 lakhs last year) and reported a net loss of Rs. 13.09 lakhs (vs. profit of Rs. 1.61 lakhs). The auditor KPB & Associates issued an unmodified limited review report. The Board also noted issuance of 3.5 lakh warrants to promoters at Rs. 48 each, with Rs. 42 lakhs received as 25% upfront payment.
Mixed picture for shareholders — strong top-line growth is positive but rising costs (purchases up to Rs. 97.28 lakhs vs. Rs. 36.05 lakhs) have pushed the company into losses, suggesting margin pressure as the business scales. The promoter warrant issue signals continued promoter commitment but also potential equity dilution if converted. Stock may see volatility given the profit-to-loss swing despite revenue growth.