Re- appointment of M/s. N.K. Jalan and Co., Chartered Accountants as Statutory Auditors of the Company for the perod of four years from the FY 2025-26 to 2029-30
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Polo Queen Industrial and Fintech Ltd reported Q1 FY26 (quarter ended June 30, 2025) unaudited results. Standalone total income came in at Rs 1,721.99 lakh, lower than Rs 2,578.73 lakh in Q1 FY25, but net profit after tax rose to Rs 56.04 lakh from Rs 47.00 lakh. Consolidated net profit improved to Rs 71.66 lakh from Rs 65.96 lakh, with EPS at Rs 0.02. The Trading segment dominates revenue at Rs 1,721.99 lakh, while the NBFC arm (Polo Queen Capital) contributed Rs 20.95 lakh; Pharma and IT/ITES segments remained inactive. The board also approved re-appointment of M/s. N.K. Jalan and Co. as Statutory Auditors for a fresh four-year term covering FY 2025-26 to 2029-30, and re-appointed Mr. Umesh Kumar Agarwalla and Mr. Udit P. Sanghai as Whole-time Directors for three years each, effective April 1, 2026 and January 1, 2026 respectively.
Continuity in auditor and key directors signals stability, but the sharp drop in top-line revenue despite higher profit suggests margin improvement rather than business growth. Existing shareholders should note subdued revenue trends even as bottom-line holds up.