Aditya Vision Limited Announces Key Appointments and Approves Standalone Unaudited Financial Results for Q Ended June 30, 2026

Aditya Vision Limited Announces Key Appointments and Approves Standalone Unaudited Financial Results for Q Ended June 30, 2026

Aditya Vision Limited Announces Key Appointments and Approves Standalone Unaudited Financial Results for Q Ended June 30, 2026​

Aditya Vision Limited announced significant corporate appointments following a Board meeting held on July 31, 2026. The company approved the standalone unaudited financial results for the quarter ended June 30, 2026, and appointed new statutory auditors, re-appointed its Whole time Director, and engaged an internal auditor.

Corporate Governance Updates​

The Board of Directors' meeting on July 31, 2026, finalized several key governance decisions related to the company’s operations and structure. Among the main outcomes were the appointment of M/s M S K A & Associates LLP as Statutory Auditors. The firm was appointed for a period of five consecutive years, spanning from the conclusion of the 27th Annual General Meeting (AGM) till the conclusion of the 32nd AGM, scheduled in calendar year 2031, pending shareholder approval.

Mr. Nishant Prabhakar was also re-appointed as a Whole time Director for a five year period, commencing from September 22, 2026, up to September 21, 2031, subject to the approval of the Shareholders at the ensuing Annual General Meeting. Furthermore, M/s D.K. Verma & Co. was appointed as the Internal Auditor for the Financial Year 2026-27.

The company also determined Wednesday, August 26, 2026, as the cut off date for members eligible for e-voting during the upcoming 27th Annual General Meeting. The e-voting period is scheduled to run from Sunday, August 30, 2026, at 09:00 AM until Tuesday, September 01, 2026, at 05:00 PM.

Financial Performance Highlights​

Aditya Vision Limited approved the Standalone Unaudited Financial Results for the quarter ended June 30, 2026. These results have been reviewed by both the Audit Committee and external auditors.

The financial data across various periods is presented below (figures are in INR crores):

ParticularsThree months ended 30.06.2026Three months ended 31.03.2026Three months ended 30.06.2025Year ended 31.03.2026
Revenue from operations1,192.68625.03940.232,671.62
Other income2.162.151.729.87
Total revenue1,194.84627.18941.952,681.49
Cost of materials consumed / Purchases of stock-in-trade823.91681.02645.162,398.33
Changes in inventories176.94-156.10150.90-142.24
Employee benefits expense23.7621.2021.3181.94
Finance costs11.4211.358.8738.89
Depreciation and amortisation / Operating & Other expenses12.40 / 43.5910.65 / 28.399.21 / 33.1340.46 / 105.69
Total expenses1,092.02596.51868.582,523.07
Profit before tax (excluding exceptional items)102.8230.6773.37158.42
Tax expense: Current / Deferred25.88 / -0.289.08 / -0.1418.47 / -0.2640.85 / -0.88
Profit for the Period77.2221.7355.16116.92

The company’s operations are within a single primary business segment of retail of electronic products. The financial results were noted to be seasonal and not sequentially comparable.

Profiles of Key Appointees​

M/s M S K A & Associates LLP, the newly appointed Statutory Auditors (Firm Registration No. 105047W/W101187), is an Indian partnership firm based in Mumbai, specializing in audit, assurance, tax, and advisory services across various industries.

Mr. Nishant Prabhakar holds the position of Promoter and Whole time Director and possesses over 21 years of experience in the consumer electronics retail industry. He oversees operations including business development, inventory management, procurement, vendor relationship management, and overall operational efficiency.

M/s D.K. Verma & Co., appointed as Internal Auditor for FY 2026-27, is a Chartered Accountant Firm based in Patna, Bihar, established since 2019, providing services ranging from internal audit to advisory and consultancy.

AVL Stock Price Movement​

Aditya Vision Limited shares gained 3.08% today in post-market trading, settling at an indicative close of ₹644.70. The stock saw robust activity, with a total traded volume reaching 375,391 shares during the day.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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