Outcome of Board Meeting.
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 Parvati Sweetners and Power Ltd met on 12th August 2025 and approved the unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations stood at ₹2,705.60 lakhs, down from ₹2,913.65 lakhs in Q1 FY25. The company posted a net loss of ₹350.26 lakhs for the quarter, sharply wider than a small net loss of ₹2.67 lakhs in the year-ago period, mainly due to a much higher cost of consumables and depreciation. The board also approved the 14th Board's Report for FY25 and finalised the book closure and remote e-voting window for the 14th Annual General Meeting scheduled for Wednesday, 17th September 2025 via video conferencing. CS Piyush Bindal was appointed as Scrutinizer, and M/s Jain Shukla & Associates, M/s Sanjay Kasliwal & Co., and M/s Piyush Bindal & Associates were reappointed/appointed as Internal, Cost, and Secretarial Auditors respectively.
The widening Q1 loss on a year-on-year basis, despite broadly stable revenue, is a negative signal for the stock. The AGM and book closure announcements are routine administrative updates for shareholders.