Q1 FY27 results: consolidated revenue up 53 percent YoY, PAT up 289 percent; board reappoints CMD and JMD
SOUTHWEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Q1 FY27 unaudited results. Consolidated revenue INR 6,168 lakhs, up 53 percent YoY; PAT INR 934 lakhs, up 289 percent. Standalone revenue INR 6,178 lakhs, up 54 percent; PAT INR 760 lakhs. Reappointed CMD Vikas Jain and JMD Piyush Jain for 3 years each. Auditors flagged going concern at wholly owned subsidiary South West Resources due to eroded net worth; parent pledged financial support and subsidiary reported profit this quarter. Notice for 20th AGM approved.
Strong quarterly beat in revenue and profit supports positive sentiment; going concern flag on subsidiary is a watch item but parent support mitigates.