Announced Tue, 12 Aug · 13:26 IST

PFA Outcome of Board Meeting for considering and approving the Unaudited Financial Results for the 1st quarter ended 30th June, 2025.

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF

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AI summary

Quest Capital Markets Ltd held a board meeting on 12 August 2025 where it approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue from operations rose to Rs. 216.80 lakhs from Rs. 143.62 lakhs in the same quarter last year, and profit after tax improved to Rs. 153.63 lakhs (EPS Rs. 1.54) versus Rs. 117.30 lakhs (EPS Rs. 1.17) a year ago. The board accepted the resignation of Mr. Arun Kumar Mukherjee as CEO effective 12 August 2025, citing advanced age and health-related concerns. On the recommendation of the Nomination and Remuneration Committee, Ms. Tanuja Mantri was appointed as the new CEO for a two-year term effective 18 August 2025 to 17 August 2027. V. Singhi & Associates issued an unmodified limited review report on the financial results.

Likely market impact

Shareholders see steady year-on-year growth in core earnings, but the CEO change introduces leadership transition risk. The new CEO appointment is for a fixed two-year term, so investors should monitor execution and any continuity gaps during the handover.