Outcome of Board Meeting
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The Board of Directors of Suratwwala Business Group Limited met on August 13, 2025 and approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, revenue from operations rose sharply to Rs. 1,595.19 lakhs from Rs. 874.07 lakhs in Q1 FY25, with net profit growing to Rs. 532.85 lakhs (vs Rs. 409.15 lakhs) and EPS at Rs. 0.31 (vs Rs. 0.24). Standalone net profit stood at Rs. 534.91 lakhs on revenue of Rs. 1,519.02 lakhs. The Board noted the resignation of Independent Director Ms. Dimple Sanghvi (to pursue further education) and approved the appointment of Mrs. Priyanka Oka as Additional Non-Executive Independent Director, subject to shareholder approval. It also appointed Pusalkar & Co. as Secretarial Auditor (5 years) and Joshi & Sahney as Internal Auditor for FY 2025-26, and fixed September 30, 2025 as the date for the 18th AGM (cut-off date: September 23, 2025).
The Q1 results show strong year-on-year growth in both revenue (~82%) and net profit (~30%), which is a positive operational signal for shareholders. The board-level changes are routine governance matters and unlikely to materially affect the stock; investors should track the September AGM for shareholder approvals on the new director appointment.