Outcome of Board Meeting held on 8th November, 2025
Price
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Awaiting price reaction for this filing.
Patels Airtemp (India) Limited's Board approved unaudited financial results for the quarter and half year ended 30 September 2025. Revenue from operations fell sharply to Rs. 2,204.08 lakhs in Q2 FY26 from Rs. 8,187.02 lakhs in Q2 FY25, a drop of about 73%. For H1 FY26, revenue stood at Rs. 10,460.75 lakhs versus Rs. 19,536.63 lakhs in H1 FY25, a decline of roughly 46%. Net profit for Q2 FY26 was Rs. 66.12 lakhs (vs Rs. 314.68 lakhs in Q2 FY25), and H1 FY26 PAT came in at Rs. 346.31 lakhs (vs Rs. 820.78 lakhs). EPS for H1 FY26 was Rs. 5.33 versus Rs. 15.00 a year earlier. No exceptional items were reported. Statutory auditors Parikh & Majmudar issued an unqualified limited review report.
A steep year-on-year fall in both revenue (~46% for H1, ~73% for Q2) and profits points to weak business performance, which is likely to weigh negatively on the stock and may concern shareholders about near-term demand and order execution.