1. The Unaudited Financial Results (Standalone and Consolidated) of the company along with the LLR for quarter ended June 30, 2025. 2. The Increase in Authorised Share Capital of the Company ....
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Sprayking Ltd's Board approved its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results, both standalone and consolidated. Standalone revenue from operations fell sharply to Rs. 914.16 lakh from Rs. 2,009.20 lakh in Q1 FY25, a drop of roughly 54%. Net profit also slid to Rs. 26.46 lakh from Rs. 150.25 lakh, an about 82% decline year-on-year. The statutory auditor (B.B. Gusani & Associates) issued an unmodified (clean) limited review report with no qualifications. The Board also approved raising the authorised share capital from Rs. 22 crore to Rs. 22.50 crore (in supersession of an earlier June 2025 resolution) and approved related MOA amendments. Separately, internal auditor M/s. Shreyash C. Sheth & Associates resigned and was replaced by M/s. DGMS & Co. for FY26 and FY27.
The steep fall in both revenue and profit is a negative signal for shareholders and could pressure the stock. The capital expansion and routine internal auditor change are administrative and unlikely to move the needle on their own. Investors should watch for management commentary on the cause of the revenue contraction in the upcoming AGM and results call.