PFA Outcome of Board Meeting held today i.e. on Thursday, July 31, 2025.
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Yuranus Infrastructure's Board, meeting on July 31, 2025, approved unaudited results for Q1 FY26 (quarter ended June 30, 2025) and noted the resignation of statutory auditor M/s Mistry & Shah LLP. Revenue from operations collapsed to just ₹2.66 lakhs from ₹378.28 lakhs in the previous quarter and ₹1,521.36 lakhs in Q1 FY25, with the company citing limited viable trading opportunities and market conditions. The company swung to a net loss of ₹16.01 lakhs (vs a profit of ₹31.77 lakhs in Q1 FY25), with EPS at ₹(0.46). The auditor resigned effective the same day, stating the decision is due to the firm's internal policy to stop statutory audit work and is not related to any governance or performance issue at the company.
The drastic revenue decline and return to losses signal operational weakness, while the mid-term auditor exit — though officially unrelated to company issues — may prompt closer investor scrutiny until a new auditor is appointed. Shareholders should watch for any new business plan from management to revive revenue and for timely appointment of a replacement statutory auditor.