Piccadily Agro Industries Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
PICCADIL · price
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Piccadily Agro Industries' Board, at its August 12, 2025 meeting, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to ₹22,899.88 lakhs from ₹20,838.08 lakhs a year earlier, a growth of about 10%. Profit after tax climbed to ₹1,890.61 lakhs from ₹1,429.70 lakhs, up roughly 32%, with basic EPS improving to ₹2.00 from ₹1.52. The distillery segment drove growth, with segment revenue jumping to ₹16,283 lakhs from ₹11,924 lakhs, while the sugar segment continued to post a loss of ₹432 lakhs. The Board also appointed P. Chadha & Associates as Secretarial Auditors for five years and fixed the 31st AGM for September 30, 2025, with the register of members closed from September 24 to 30, 2025. The auditor (Jain & Associates) issued an unqualified limited review report on both sets of results.
A solid earnings beat driven by the distillery business, with PAT growth outpacing revenue growth, suggests improving operating leverage and is mildly positive for the stock. The continued sugar-segment losses and lack of a clear positive surprise on margins remain a watchpoint for investors.