Q1 FY27 results approved; board changes include new Whole-Time Director
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Board approved Q1 FY27 results: revenue Rs 65,136 lakh (up about 5 percent YoY), but net profit fell sharply to Rs 1,244 lakh vs Rs 4,124 lakh YoY. EPS at Rs 0.52 vs Rs 1.72. Statutory auditor gave unmodified limited review opinion. Internal Auditor Vinay Kumar Awasthi resigned (role change within group); Devendra Kumar Sharma appointed in his place. Soumya Bagchi named Whole-Time Director for 3 years; Nirupa Chander joins as Non-Executive Non-Independent Director. All director appointments subject to shareholder approval at 16th AGM.
Q1 net profit dropped sharply despite revenue growth, signalling margin pressure. New board appointments pending shareholder approval at 16th AGM.