Outcome of Board Meeting held on August 14, 2025 to consider and approve financial results for quarter ended June 30, 2025 and others as per attached PDF
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Parle Industries' board, at its August 14, 2025 meeting, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, revenue from operations fell sharply to about Rs. 20 lakh from Rs. 28.40 lakh in the previous quarter, and the company reported a loss before tax of Rs. 22.86 lakh, though profit after tax came in at Rs. 8.79 lakh due to deferred and current tax credits. On a consolidated basis, revenue was Rs. 24.61 lakh with a profit before tax of Rs. 5.19 lakh. The board also noted the resignation of Ms. Deepika Tater as Company Secretary and Compliance Officer, effective July 23, 2025. The statutory auditor (Ajmera & Ajmera) issued a qualified review report, citing the ongoing legal dispute over the terminated share purchase agreements with Weldone Integrated Services (WISPL) and Marvelous Vickyfoods (MVPL).
For shareholders, the results show a meaningful drop in core revenue and a standalone loss before tax, while the KMP-level exit (Company Secretary) and a qualified auditor opinion tied to a sub-judice SPA dispute add governance and litigation overhang to watch. The stock could react negatively given weak operating numbers and unresolved legal exposure.