Zenith Exports Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
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Zenith Exports' Board met on August 12, 2025 and approved unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). Total income rose to ₹1,892 lakhs from ₹1,738 lakhs in Q1 FY25, while net profit after tax jumped to ₹140 lakhs from just ₹14 lakhs, with EPS of ₹2.59 vs ₹0.26. The Leather Hand Gloves segment remained the largest revenue contributor at ₹1,239 lakhs. The Board also approved the 43rd AGM notice for September 24, 2025 (via video conferencing), set September 17, 2025 as the e-voting cut-off, and appointed M&A Associates as Scrutinizer. Additionally, Mr. Rajkumar Loyalka was appointed as a consultant under Section 188 as a related-party transaction.
Strong profit growth (~10x YoY) on modest revenue growth signals improved margins and is positive for shareholders, though the small absolute base keeps the picture modest. The Section 188 related-party appointment will require shareholder approval at the upcoming AGM and should be watched closely.