Outcome of Board Meeting held today i.e. July 24, 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 approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. Standalone revenue from operations fell sharply to Rs. 1,721.95 lakhs from Rs. 2,577.00 lakhs in the same quarter last year, a drop of about 33%. Despite the revenue decline, standalone net profit after tax rose to Rs. 56.04 lakhs (from Rs. 47.00 lakhs), while consolidated net profit grew to Rs. 71.66 lakhs (from Rs. 65.96 lakhs). The company also re-appointed N.K. Jalan & Co. as statutory auditors for a four-year term (FY26–FY30) and re-appointed two whole-time directors. The auditor's limited review report was clean, with no qualifications or adverse remarks.
Sharply lower top-line combined with modestly higher profits suggests margin improvement, but the significant revenue contraction in the trading segment is a concern for investors. Auditor continuity provides stability, and no major red flags were raised in the review.