SPL Industries Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
SPLIL · price
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Awaiting price reaction for this filing.
SPL Industries' board, meeting on August 13, 2025, approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025) and appointed M/s. Vatss & Associates as the new Internal Auditor for FY 2025-26. Net sales from operations fell sharply to ₹1,663.71 lakhs versus ₹4,247.43 lakhs in the same quarter last year, a drop of about 61% year-on-year. Total income from operations declined to ₹2,035.56 lakhs from ₹4,559.56 lakhs, while net profit after tax dropped to ₹91.30 lakhs from ₹258.37 lakhs, down roughly 65% YoY. Basic EPS for the quarter stood at ₹0.31 versus ₹0.89 in Q1 FY25. The statutory auditor (Raghu Nath Rai & Co.) issued a clean limited review report with no qualifications or adverse remarks.
The sharp double-digit decline in both revenue and profit signals weak quarterly performance, which is likely to weigh negatively on near-term stock sentiment. Shareholders should watch for management commentary on whether the drop is seasonal, order-driven, or structural before drawing longer-term conclusions.