Outcome of Board Meeting held on August 12, 2025
Price
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Awaiting price reaction for this filing.
The Board of Simmonds Marshall approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations stood at Rs. 4,975.05 lakhs, up 13.2% YoY from Rs. 4,395.44 lakhs, while consolidated revenue was Rs. 5,350.32 lakhs. Consolidated profit after tax attributable to owners jumped to Rs. 223.51 lakhs from Rs. 121.89 lakhs in Q1 FY25, an 83% YoY increase. The Board re-appointed Mr. Navroze Marshall as Chairman & Managing Director and Mr. Imran Panju as Whole-Time Director, each for a further 3-year term starting April 1, 2026. M/s. Joshi Apte & Associates was appointed as Cost Auditor for FY 2025-26, and M/s. GMJ & Associates as Secretarial Auditor for a 5-year term from April 1, 2025. The 65th AGM is scheduled for September 23, 2025. The statutory auditor Lodha & Co LLP issued an unqualified limited review report on both sets of results.
Strong 83% YoY growth in consolidated PAT signals a sharp earnings recovery, while director continuity and clean auditor report should be viewed positively by shareholders. Re-appointments and AGM schedule are routine governance items with no immediate price impact expected.