Announced Mon, 20 Jul · 20:42 IST

Board approves Q1 results, Rs 57.59 cr warrant preferential issue

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AI summary

Swastika Investmart posted Q1 FY27 results: standalone revenue rose to Rs 28.90 crore from Rs 25.76 crore YoY. Standalone profit after tax grew to Rs 4.10 crore from Rs 3.42 crore; consolidated profit at Rs 3.76 crore. The board approved issuing 90.5 lakh convertible warrants at Rs 63.64 each to promoters and others, potentially raising Rs 57.59 crore. EGM set for 14 August 2026.

Likely market impact

Potential 45 percent share dilution if all warrants convert. Q1 earnings show steady growth.