Please find enclosed herewith Outcome of Board Meeting held today i.e. Thursday, 14th August, 2025.
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The board approved unaudited Q1 FY26 results (quarter ended 30 June 2025) with revenue from operations of Rs. 909.31 lakhs, up about 59% from Rs. 570.26 lakhs in Q1 FY25. Net profit jumped sharply to Rs. 204.09 lakhs (EPS Rs. 1.48) versus Rs. 17.20 lakhs (EPS Rs. 0.14) a year ago, driven by stronger performance in both the manufacturing and job-work/reconditioning segments. The board declared an interim dividend of Rs. 1 per equity share (20% on face value of Rs. 5) with the record date set as 21 August 2025. It also appointed AVS & Associates as secretarial auditor for five years (FY26–FY30) and Ashish Swar & Associates as internal auditor for FY 2025-26. The statutory auditor (CKS P And Co LLP) issued an unmodified limited review conclusion on the results.
Strong top-line growth, a multi-fold jump in profits and a 20% interim dividend are positive signals for shareholders and should support sentiment around the stock in the near term.