Shree Vasu Logistics Limited has informed the Exchange regarding Appointment of Ms Krishna Veni Associates as Other of the company w.e.f. August 13, 2025.
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Shree Vasu Logistics' board, at its meeting on August 13, 2025, approved unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to ₹4,974.67 lakhs, up about 47% year-on-year from ₹3,372.95 lakhs, driven by new business from quick commerce and e-commerce clients. Profit after tax jumped to ₹186.67 lakhs (from ₹74.57 lakhs a year ago), and EPS stood at ₹1.62 versus ₹0.65. The board also approved the notice for the 19th AGM on September 25, 2025, and appointed M/s. Krishna Veni & Associates as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval.
Strong Q1 numbers with revenue and profit both nearly doubling year-on-year signal improving operating momentum, especially from the new quick commerce/e-commerce vertical, which is positive for shareholders. The auditor appointment is a routine governance step and unlikely to affect the stock.