Appointment of M/s. V.P. Thacker and Co., Chartered Accountants as the Statutory Auditors of the Company, Subject to approval of Shareholders.
TAALTECH · price
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TAAL Enterprises' board approved Q1 FY26 (June 2025) standalone results showing revenue from operations of Rs 4,387.55 lakhs (vs Rs 4,448.35 lakhs YoY) and profit after tax of Rs 1,237.05 lakhs, up about 30% from Rs 952.79 lakhs a year ago, with EPS at Rs 39.70. On a consolidated basis, revenue was Rs 4,576.78 lakhs and profit after tax jumped to Rs 1,371.20 lakhs from Rs 1,076.29 lakhs, with EPS of Rs 44. The board also approved restated financial statements reflecting the NCLT-approved merger of TAAL Tech India Pvt Ltd into TAAL Enterprises, effective April 1, 2023. Mr. Salil Taneja, previously MD of the merged entity, was re-designated as Chairman and Managing Director for a five-year term beginning August 5, 2025, subject to shareholder approval. Additionally, M/s. V.P. Thacker & Co. was appointed as statutory auditor for a second five-year term (FY26–FY30), pending shareholder approval at the upcoming AGM.
The strong YoY profit growth of roughly 27–30% in Q1 and the completed merger consolidation are positive signals for shareholders. Continuity in leadership (Taneja re-designated) and re-appointment of the same auditor provide stability, though both key appointments require shareholder approval at the AGM.