Aether Industries Limited’s Board of Directors has approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company reported a profit of ₹627.49 million for the quarter. Additionally, the Board re-appointed key managerial personnel and approved the appointment of internal and cost auditors for FY 2026-27.
Strong Financial Performance for Q1 FY27
Aether Industries Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors, in their meeting held on July 31, 2026, approved these results, which showed a profit of ₹627.49 million for the period. This marks a substantial increase compared to the same period in the previous year, highlighting the company’s robust operational and financial management.
Key Re-appointments and Appointments
Further bolstering its leadership team, the Board approved the re-appointment of Mr. Ashwin Desai as Managing Director for a further period of 5 years, effective from October 1, 2026. This re-appointment is subject to shareholder approval. Additionally, Ms. Purnima Desai, Mr. Rohan Desai, and Dr. Aman Desai were re-appointed as Whole-time Directors for a similar 5-year term. The company also appointed CA Riddhi Chitaliya as Internal Auditor and M/s. PAAA & Associates as Cost Auditor for FY 2026-27.
Senior Management Designations
In a move to strengthen its operational teams, the Board designated several employees as Senior Managerial Personnel (SMP), effective August 1, 2026. These individuals include Mr. Denish Dodhiyawala, Mr. Parag Detroja, Ms. Parul Mujumdar, Mr. Jayesh Mourya, Mr. Harshad Patel, and Mr. Sonu Patel, each taking on crucial roles within the company’s management structure.
Annual General Meeting Scheduled
The company also announced that its 14th Annual General Meeting (AGM) will be convened on Friday, September 11, 2026. The meeting will be conducted through video conferencing and other audio-visual means, ensuring broader participation from shareholders.
Audited Results Review
The independent auditor’s review report on the unaudited consolidated financial results for the quarter ended June 30, 2026, was provided. The report, issued by Suresh I Surana & Associates, confirmed that based on their review, nothing came to their attention that indicated material misstatements. A similar review report was issued for the standalone financial results.
Financial Highlights
The consolidated financial statements show total income of ₹3,342.46 million for the quarter ended June 30, 2026, with a total comprehensive income of ₹628.11 million. The standalone results reflect total income of ₹2,663.66 million and a total comprehensive income of ₹483.75 million for the same period.
Source: BSE
