Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total revenue from operations rose to Rs 1,040.28 lacs from Rs 986.80 lacs in Q1 FY25, up 5.4% year-on-year and about 23% sequentially over Q4 FY25. Net profit came in at Rs 285.25 lacs versus Rs 320.65 lacs in Q1 FY25, a roughly 11% year-on-year decline, although it more than doubled from Rs 115.88 lacs in the previous quarter. EPS stood at Rs 4.19 (vs Rs 4.71 YoY). Interest income grew sharply to Rs 157.16 lacs from Rs 103.03 lacs, while employee costs and other expenses rose. The board also approved appointing Mr. Vaibhav Pachisia, part of the promoter family, as Executive Director for three years effective October 1, 2025, and Ms. Suparna Chakrabortti as an Independent Director for five years; both appointments will be put to shareholders via postal ballot. The statutory auditor issued a clean limited review report with no qualifications.
Sequential quarter shows strong recovery in both revenue and profit after a weak Q4 FY25, but the year-on-year dip in net profit despite higher revenue may concern investors looking at underlying earnings momentum. The elevation of a promoter family member to Executive Director suggests succession continuity but will draw shareholder attention during the postal ballot.