Outcome of Board Meeting held on 12th August, 2025
Price
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Awaiting price reaction for this filing.
Tyche Industries' board approved its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 1,269.99 lakhs, down roughly 18% YoY from Rs. 1,552 lakhs in Q1 FY25. Net profit came in at Rs. 243.15 lakhs versus Rs. 272.56 lakhs a year earlier, a decline of about 11%. Total income fell to Rs. 1,446.49 lakhs from Rs. 1,704.46 lakhs, while EPS slipped to Rs. 2.37 from Rs. 2.66. The statutory auditors (P.S.N. Ravishanker & Associates) issued an unqualified limited review report. The board also appointed Mrs. D. Renuka, Practicing Company Secretary, as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval at the upcoming AGM.
Soft YoY top-line and bottom-line print is likely to be viewed negatively, though margins held relatively steady. The secretarial auditor appointment is a routine governance matter and is not expected to materially move the stock.