Outcome of the Board Meeting held on 07th August, 2025
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Awaiting price reaction for this filing.
Uni Abex Alloy Products' board approved unaudited Q1 FY26 results for the quarter ended 30 June 2025. Revenue from operations fell to roughly Rs. 3,918 lakhs from about Rs. 4,417 lakhs in Q1 FY25, a YoY decline of around 11%. Net profit for the quarter declined at a steeper pace, indicating margin pressure. Statutory auditor Walker Chandiok & Co LLP issued a clean (unqualified) limited review report with no qualifications or emphasis of matter. The board also appointed M/s. Protiviti India Member Private Limited as the new internal auditor for FY 2025-26. Separately, the company had earlier recommended a 350% dividend (Rs. 35 per share) for FY25, pending shareholder approval at the AGM.
The weaker Q1 with both revenue and profit declines may weigh on the stock in the short term, though the clean audit and the hefty 350% dividend offer some comfort. Investors should watch for demand recovery and margin stabilization in the coming quarters.