Outcome of the Board Meeting held on 06th August 2025 to inter alia consider and approve the Unaudited Standalone Financial results of the Company for the quarter ended on June 30, 2025 ....
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Universal Autofoundry's board approved its Q1 FY26 (quarter ended June 30, 2025) unaudited standalone results. Revenue from operations fell to Rs. 4,662.74 lakhs from Rs. 5,150.76 lakhs in the year-ago quarter, a decline of about 9.5%. Profit after tax dropped sharply to Rs. 68.37 lakhs from Rs. 241.08 lakhs, down nearly 72% YoY, though the company remained profitable. EPS for the quarter stood at Rs. 0.55 versus Rs. 1.94 previously. The board also approved the appointment of a new Company Secretary, noted the retirement and re-appointment of Mr. Vimal Chand Jain as Chairman & MD for 5 years, and raised the overall maximum remuneration cap from Rs. 188 lakhs to Rs. 225 lakhs annually, subject to shareholder approval at the 16th AGM scheduled for September 19, 2025.
The steep fall in profit despite only a modest revenue dip suggests margin pressure and will likely be viewed negatively by investors. Key governance items to watch include the ~20% jump in the remuneration ceiling and the related party transactions disclosed for the quarter.