Tega Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Awaiting price reaction for this filing.
Tega Industries declared Q1 FY26 results. Standalone revenue from operations fell sharply to ₹1,675.95 million, down about 29% from ₹2,366.51 million in Q1 FY25. Standalone profit after tax dropped to ₹383.89 million (EPS ₹5.77) versus ₹508.19 million (EPS ₹7.64) a year ago, a decline of around 24%. On a consolidated basis, revenue grew modestly by about 5% to ₹3,560.92 million, helped by the equipment subsidiary Tega McNally Minerals, but consolidated PAT slipped to ₹353.35 million from ₹367.44 million. The statutory auditor for the current quarter is Walker Chandiok & Co LLP, replacing Price Waterhouse & Co Bangalore LLP who had reviewed the prior year's comparable quarter. The auditor issued an unmodified limited review report on both standalone and consolidated results, with no qualifications, emphasis of matter, or going concern flag.
Weak standalone numbers, especially the steep revenue fall, may weigh on the stock, though the consolidated picture is steadier thanks to subsidiary growth. The auditor change is procedural but worth noting; the clean unmodified opinion keeps governance comfort intact.