Orient Technologies Board Approves Q1 FY27 Results, Appoints CFO & Company Secretary
Orient Technologies reported Q1 FY27 results with standalone profit after tax of ₹449.64 lakhs and consolidated profit after tax of ₹517.22 lakhs. The Board approved these results and scheduled the AGM for September 23, 2026. Key appointments include Mr. Shailesh Mandani as CFO and Ms. Sayli Munj as Company Secretary, both effective August 12, 2026. Ms. Renuka Patel resigned as Interim Company Secretary.
The appointment of key management personnel and the positive financial results have a moderate impact on the company's outlook and governance.
The company reported a profit after tax for the quarter, a positive turnaround from the previous year's loss. Key appointments also bring experienced personnel into critical roles.
Orient Technologies Limited announced the outcome of its Board of Directors meeting held on August 12, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Limited Review Report.
The 29th Annual General Meeting (AGM) for the year ended March 31, 2026, is scheduled to be held on Wednesday, September 23, 2026, at 03:00 PM via video conferencing or other permissible modes.
Key personnel changes were also announced. Ms. Renuka Patel resigned as Interim Company Secretary and Compliance Officer, effective August 11, 2026, to transition back to her role as Deputy Company Secretary following the appointment of a permanent Head Company Secretary. Mr. Shailesh Mandani has been appointed as the Chief Financial Officer (CFO) effective August 12, 2026. Mr. Mandani is a Chartered Accountant and ACCA (UK) with over 15 years of experience in corporate finance, financial strategy, and business transformation. Ms. Sayli Munj has been appointed as the Company Secretary and Compliance Officer, also effective August 12, 2026.
The company's financial results for the quarter ended June 30, 2026, show a profit after tax of ₹449.64 lakhs on a standalone basis and ₹517.22 lakhs on a consolidated basis. This compares to a loss after tax of ₹645.63 lakhs standalone and ₹498.87 lakhs consolidated in the same quarter last year. Revenue from operations for the quarter stood at ₹19,949.39 lakhs (standalone) and ₹20,192.36 lakhs (consolidated).
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