BSEPerfectpac LtdMediumNeutral
Announced Mon, 4 Aug · 15:10 IST

Outcome of Board Meeting held on August 04, 2025.

Management Changes View source PDF

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AI summary

Perfectpac Ltd's Board met on August 04, 2025 and approved three key items. First, the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), showing revenue from operations of Rs. 2,067.74 lakhs (down from Rs. 2,833.06 lakhs in Q1 FY25), but profit for the quarter rose to Rs. 121.45 lakhs (vs Rs. 76.64 lakhs in Q1 FY25), with EPS of Rs. 1.82 (vs Rs. 1.15). Second, the appointment of Smt. Aradhana Saluja as an Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval. Third, the appointment of M/s. RSM & Co., Company Secretaries as Secretarial Auditors for five years (FY 2025-26 to 2029-30), also subject to shareholder approval. The statutory auditors (V S S A & Associates) issued an unmodified limited review report on the Q1 results.

Likely market impact

Despite a year-on-year decline in top-line revenue, profitability improved meaningfully in Q1 FY26, which is a positive signal for shareholders. The new independent director strengthens board composition, and the long-term appointment of a reputed secretarial auditor supports governance, though both appointments are subject to shareholder approval.