Submission of outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Radix Industries (India) Ltd, a small human hair processing company, reported Q1 FY26 (quarter ended 30 June 2025) results with revenue from operations of ₹804.33 lakhs, up about 15% from ₹697.72 lakhs in Q1 FY25. Net profit after tax rose to ₹62.75 lakhs from ₹53.44 lakhs (around 17% growth), with EPS of ₹0.42 versus ₹0.42 in the prior year period. The statutory auditor Brahmayya & Co. issued an unmodified limited review report. The Board also accepted the resignation of Company Secretary P. Lenin Babu (personal reasons), appointed K.S. Gaurav Tummala as the new Company Secretary from 5 August 2025, recommended P.S. Rao & Associates as Secretarial Auditor for a 5-year term, and approved incorporation of a wholly owned subsidiary named Radix Inc. in the USA for marketing and distribution of hair products.
Modest topline and bottomline growth in line with the company's small scale, with no red flags in the auditor's review. The USA subsidiary signals an export expansion push, but being a tiny company, this is more of a strategic intent than a near-term earnings driver. Management changes appear routine.