Remsons Industries Limited has informed the Exchange regarding Board meeting held on August 11, 2025.
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Remsons Industries' board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, revenue jumped to Rs 9,963 lakhs from Rs 7,650 lakhs in the same quarter last year, a growth of about 30%, driven by inclusion of subsidiaries. Net profit surged to Rs 364 lakhs from Rs 210 lakhs, up roughly 73% year-on-year. Standalone performance was more modest: revenue rose about 8% to Rs 6,627 lakhs while net profit dipped to Rs 202 lakhs from Rs 227 lakhs. The company also classified a Rs 27 lakh loss on sale of a residential property in Gurgaon as an exceptional item. Separately, the board appointed M/s. M Baldeva Associates as Secretarial Auditors for a 5-year term from FY26 to FY30, subject to shareholder approval.
Strong consolidated earnings growth driven by subsidiaries and a new associate (Astro Motors at 35.86%) should support positive sentiment, though the standalone business showed flat-to-weak profitability. Investors will watch whether the recently formed Remsons Edge Technologies subsidiary begins contributing to revenue.