Antariksh Industries Reports Unaudited Financial Results for Q1 FY27; Announces Auditor Appointments
Antariksh Industries Ltd. released its unaudited financial results for the quarter ended June 30, 2026, alongside key decisions made by its Board of Directors regarding the appointment of statutory and secretarial auditors. The company reported varied performance across key metrics during the period.The Board meeting, held on July 24, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, accompanied by a Limited Review Report from the statutory auditors. In addition to reviewing these results, the board formalized critical appointments aimed at ensuring corporate governance and compliance.
Auditor Appointments Confirmed
The Board of Directors made recommendations for two significant professional appointments based on advice received from the Audit Committee.M/s. Nitin K Shah & Co., Chartered Accountants (Firm Registration No. 107140W), was recommended as the Statutory Auditors of the company. This appointment is subject to shareholder approval at the ensuing 51st Annual General Meeting and is intended for a period of five consecutive years, starting from the conclusion of the 51st Annual General Meeting until the 56th Annual General Meeting.
Furthermore, M/s. PNK & Co., Practicing Company Secretaries (Peer Review No 8139/2026), were appointed as the Secretarial Auditor for the financial year 2026-27 to conduct the necessary Secretarial Audit of the company.
Financial Performance Highlights
The unaudited financial results for the quarter ended June 30, 2026, show performance metrics across several reporting periods. The company operates in only one reportable statement: Real Estate and Trading Activities.A summary of the key figures, reported in Rs in Lakhs, is presented below:
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Income | 21.65 | 340.48 | 516.66 | - |
| Cost of Material Consumed | 0.02 | -0.00 | 337.31 | 487.41 |
| Employee Benefits Expense | 1.63 | 1.30 | - | - |
| Depreciation and Amortisation Expenses | 11.59 | 7.95 | 2.22 | 17.51 |
| Profit from operations before exceptional items and tax | (13.23) | 12.40 | 0.20 | 8.79 |
| Total tax Expense | 3.34 | 0.05 | 2.64 | - |
| Profit/(Loss) for the Period | (13.23) | 9.07 | 0.14 | 6.15 |
| Total Comprehensive Income | (13.23) | 9.07 | 0.14 | 6.15 |
The results also include figures for Paid up Equity Share Capital, which stood at 20.49 lakhs in all reported periods. Earnings Per Share (EPS), both Basic and Diluted, were noted as (6.46) for the current quarter ended June 30, 2026.
The unaudited results have been reviewed by the Audit Committee and approved by the Board of Directors during its meeting on July 24, 2026.
Stock Price Movement
Antariksh Industries Ltd closed the market on Tuesday, settling at ₹11.29 after achieving a 4.93% gain. The stock traded completely flat throughout the session, with the intraday high and low remaining locked at the same price point of ₹11.29.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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