Valiant Organics Limited has informed the Exchange regarding Appointment of Mr Mehta &Mehta as Other of the company w.e.f. April 01, 2025.
VALIANTORG · price
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Valiant Organics reported a strong turnaround in Q1 FY26 (quarter ended June 30, 2025), with standalone revenue from operations rising to Rs. 20,440.64 lakhs from Rs. 16,791.70 lakhs a year ago, a growth of about 22%. The company swung to a standalone net profit of Rs. 757.84 lakhs compared with a loss of Rs. 44.19 lakhs in Q1 FY25, lifting EPS to Rs. 2.71 from Rs. (0.16). On a consolidated basis, net profit stood at Rs. 820.28 lakhs versus a loss of Rs. 61.99 lakhs earlier, with consolidated EPS of Rs. 2.93. The Board also approved the appointment of M/s. Mehta & Mehta, Practicing Company Secretaries, as the company's Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval.
The sharp swing to profitability and healthy revenue growth are positive signals for shareholders, suggesting improved operating performance and better cost management. The appointment of a new Secretarial Auditor is a routine governance action and is unlikely to move the stock on its own.