The Sandesh Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
SANDESH · price
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The Sandesh Limited's Board approved standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone total income stood at Rs. 7,289.86 lakhs versus Rs. 7,536.13 lakhs in Q1 FY25, while profit before tax rose sharply to Rs. 6,821.09 lakhs from Rs. 5,031.25 lakhs, aided by Rs. 4,922.90 lakhs of net gains on equity and mutual fund investments. Standalone profit after tax came in at Rs. 5,601.03 lakhs with EPS of Rs. 12.91. The Board fixed August 22, 2025 as the record date for the final dividend of Rs. 2.50 per share for FY 2024-25. Mr. Hardik Joshi was appointed as the new Company Secretary and Compliance Officer (KMP). Smt. Pannaben Falgunbhai Patel was re-appointed as a non-executive director liable to retire by rotation, and the Board approved continuation of Shri Falgunbhai C. Patel as Chairman and Managing Director beyond age 70, subject to shareholder approval.
Strong quarter with significantly higher profits driven mainly by investment gains rather than core media operations, which is worth noting for sustainability. Shareholders on the record date of August 22, 2025 will be eligible for the Rs. 2.50 final dividend. Management continuity is preserved with the promoter-led leadership continuing and a smooth KMP transition at the secretarial level.