Announced Thu, 14 Aug · 21:38 IST

Please refer enclosed file.

Pat Growth 25pctExceptional ItemAuditor Mid Year ChangeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone total income rose to Rs. 14,193.60 lakhs from Rs. 12,332.91 lakhs a year earlier, while net profit after tax jumped to Rs. 1,291.55 lakhs from Rs. 953.17 lakhs (up ~35%), with EPS at Rs. 14.75 vs Rs. 10.88. Results include an exceptional item of Rs. 285.82 lakhs from an insurance claim settlement. The board also recommended a final dividend of Rs. 0.75 per share (75% on face value of Rs. 1) for FY25, subject to shareholder approval. Additionally, statutory auditor S V J K and Associates resigned citing heavy workload, and M/s. Jain K S and Associates was appointed in their place effective August 15, 2025, to fill the casual vacancy.

Likely market impact

Strong earnings growth and a healthy dividend signal solid operating performance, though a meaningful chunk of profit came from a one-time insurance settlement. The mid-year auditor switch, while attributed to workload reasons, is a governance event investors should monitor.