Board of Directors at their meeting held today i.e., July 31, 2025, approved Appointment of Mr. Deepak Kumar Nayak (ACS: 75012) as the Company Secretary, Compliance Officer & Nodal Officer ....
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Walchand Peoplefirst Ltd's Board, meeting on July 31, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income from operations rose sharply to Rs. 758.33 lakhs, up from Rs. 551.49 lakhs in the same quarter last year — a jump of about 37%. The company swung back to profitability with a net profit after tax of Rs. 99.05 lakhs, compared to a loss of Rs. 21.74 lakhs in Q1 FY25. Basic and diluted EPS stood at Rs. 3.41 versus a loss of Rs. 0.75 per share a year ago. The Board also appointed Mr. Deepak Kumar Nayak (ACS: 75012) as the Company Secretary, Compliance Officer and Nodal Officer under IEPF, effective July 31, 2025. He is a qualified Company Secretary and law graduate, not related to any Director on the Board.
The strong year-on-year recovery in both revenue and profits is a positive signal for shareholders, suggesting improving business momentum. The appointment of a dedicated KMP for compliance is routine and should not affect the stock price; the main driver of sentiment is the financial turnaround shown in Q1 FY26.