Outcome of Board Meeting for approval of unaudited standalone & consolidated 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.
The Board of Parmeshwari Silk Mills approved unaudited financial results for Q1 FY26 on August 12, 2025. On a standalone basis, revenue from operations rose to ₹6,060.10 lakhs (from ₹5,563.80 lakhs in Q1 FY25, up ~8.9%), while profit after tax jumped to ₹221.82 lakhs (from ₹163.42 lakhs, up ~35.7%), with EPS of ₹7.39 vs ₹5.45. On a consolidated basis, including subsidiary Harappa Textile Mills, revenue grew to ₹6,227.59 lakhs and PAT rose to ₹250.36 lakhs (up ~39.5%), with EPS of ₹8.34. The statutory auditor (Montek S & Associates) issued an unmodified opinion on the results but included an Emphasis of Matter noting that closing inventory as of June 30, 2025 was based on management-certified stock statements with no physical verification carried out by them during the quarter.
Strong year-on-year profit growth on both standalone and consolidated basis is positive for shareholders. However, the auditor's emphasis on unverified inventory is a minor governance red flag worth monitoring, though it did not affect the clean opinion.