Announced Wed, 13 Aug · 18:15 IST

As Attached

Management Changes View source PDF

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AI summary

The Board of Purshottam Investofin approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The company reported a sharp turnaround with total income of ₹327.38 lakhs (vs ₹223.70 lakhs in Q1 FY25) and a net profit of ₹132.16 lakhs, compared to a net loss of ₹196.10 lakhs in the same quarter last year. Basic EPS stood at ₹1.78 versus a loss per share of ₹0.15 earlier. The Board also re-appointed V S P V & Co., Chartered Accountants as Internal Auditor for FY 2025-26 and recommended M/s Kundan Agrawal & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval at the 36th AGM.

Likely market impact

Strong swing back to profitability from a loss-making quarter last year is a positive signal for shareholders, though results remain unaudited and the small scale (sub-₹5 cr quarterly income) makes the stock sensitive to single-quarter outcomes. Auditor appointments are routine governance items with no apparent red flags.