Outcome of the Board Meeting held on 7th August, 2025
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Awaiting price reaction for this filing.
The board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, total revenue fell sharply to Rs 4,157.62 lakhs from Rs 7,403.67 lakhs in Q1 FY25, a drop of about 44%, driven mainly by a steep decline in the Capital Market segment revenue (Rs 1,314.26 lakhs vs Rs 4,360.19 lakhs). Net profit (consolidated) nearly halved to Rs 534.41 lakhs from Rs 1,386.45 lakhs, while consolidated EPS fell to Rs 2.33 from Rs 6.06. Statutory auditor Agrawal & Kedia issued an unqualified limited review opinion on both standalone and consolidated results. The board also approved the 30th AGM notice for September 29, 2025 (via video conference), book closure from September 25-29, 2025, and the FY25 Board's Report and Annual Report.
Negative for near-term sentiment as both top line and bottom line contracted sharply year-on-year, largely due to weak capital market activity. However, the clean auditor opinion and absence of any exceptional items or going concern flags suggest no structural concerns; shares may stay weak in the short term given the earnings miss.