Board Meeting Outcome for Approval of Unaudited Financial Results of the and Limited Review Report of the Company for the Quarter Ended June 30, 2025
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The Board of Sagar Systech Limited, at its meeting on July 30, 2025, approved the unaudited financial results for the quarter ended June 30, 2025, along with the Limited Review Report from statutory auditors Shah, Shah & Shah (unqualified opinion). Income from operations fell to ₹15.91 lakhs, down from ₹20.87 lakhs in Q1 FY25 — a drop of roughly 24%. Total expenses more than doubled to ₹13.06 lakhs (vs ₹6.06 lakhs), driven mainly by a sharp rise in employee cost from ₹2.05 lakhs to ₹5.52 lakhs. Net profit after tax declined steeply to ₹3.64 lakhs from ₹12.07 lakhs in the year-ago quarter, with basic EPS at ₹1.14 (vs ₹3.77). The Board also approved the Notice of the 41st AGM, scheduled for September 9, 2025, and appointed V. V. Chakradeo & Co. as Scrutinizer.
The sharp drop in both top line and bottom line, coupled with surging costs, is a negative signal for shareholders and may weigh on the stock. The company remains profitable, but the quarter-on-quarter and year-on-year performance has weakened considerably.