SETL Q1FY27 Results: Profit Up 26.7%, Board Approves Auditor Reappointment & AGM Date
Standard Engineering Technology Limited reported consolidated profit after tax of ₹2,674.62 Lakhs for Q1FY27, up from ₹2,113.28 Lakhs YoY. Revenue was ₹24,769.21 Lakhs. The Board approved financial results, reappointed auditors M/s. M S K A & Associates LLP, and set the AGM for September 18, 2026.
The financial results show positive growth, and the re-appointment of auditors and AGM scheduling are standard corporate governance events. The impact is medium as it provides a clear update on financial performance and upcoming shareholder events.
The company reported an increase in profit and revenue, and key corporate actions like auditor re-appointment and AGM scheduling were approved, indicating stable governance and operational progress.
Standard Engineering Technology Limited (SETL) announced the outcome of its Board Meeting held on August 06, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
The company reported a consolidated profit after tax of ₹2,674.62 Lakhs for the quarter ended June 30, 2026, an increase from ₹2,113.28 Lakhs in the corresponding quarter of the previous year. Revenue from operations for the consolidated entity stood at ₹24,769.21 Lakhs.
Key decisions made during the meeting include the re-appointment of M/s. M S K A & Associates LLP as the Statutory Auditors for a second term of five years, subject to shareholder approval. The Board also approved the Board's Report for FY 2025-26.
Furthermore, the 14th Annual General Meeting (AGM) has been scheduled for Friday, September 18, 2026, at 11:00 AM IST. The Register of members and share transfer books will be closed from September 15, 2026, to September 17, 2026, with September 11, 2026, fixed as the record date for the AGM.
M/s. RPR & Associates has been appointed as the scrutinizer for the remote e-voting and voting at the AGM. The Board meeting commenced at 12:45 AM and concluded at 1:30 PM.
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