Announced Thu, 7 Aug · 17:41 IST

As per attachment

Management Changes View source PDF

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AI summary

Rolcon Engineering's board met on August 7, 2025 and approved standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations fell to ₹1,244.74 lakhs from ₹1,692.60 lakhs in the same quarter last year, a decline of about 26%. Standalone net profit stood at ₹90.04 lakhs (down from ₹102.62 lakhs), with EPS of ₹11.91 versus ₹13.57 previously. Consolidated net profit was ₹95.89 lakhs with EPS of ₹12.68. The board also approved the re-appointment of Smt. Harshila H. Patel as an Independent Woman Director for a five-year term, subject to shareholder approval. Additionally, M/s. Kiran Vaghela & Associates was appointed as Secretarial Auditor for five financial years (FY 2025-26 to FY 2029-30).

Likely market impact

The year-on-year decline in both revenue and profit is a negative signal for shareholders, indicating weaker operating performance in Q1 FY26. The director and auditor appointments are routine governance matters and unlikely to move the stock.