Nitin Fire Protection Reports Q1 Results and Confirms Auditor Reappointment

Nitin Fire Protection Reports Q1 Results and Confirms Auditor Reappointment

Nitin Fire Protection Reports Q1 Results and Confirms Auditor Reappointment​

Nitin Fire Protection Industries Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company’s Board of Directors reviewed the results and approved the re-appointment of M/s Tolia & Associates as the Statutory Auditor.

The board meeting took place on August 14, 2026. During the meeting, the company noted the limited review report issued by the Statutory Auditors on the financial performance for the quarter ended June 30, 2026.

Financial Performance Overview (Standalone)​

Nitin Fire Protection Industries Limited reported its standalone financial results for the quarter. Total income stood at 436.83 lakhs, while total expenses were recorded at 565.63 lakhs. The company registered a loss of 128.80 lakhs before tax in this period.

The key figures from the standalone unaudited financial results are summarized below:

ParticularsQuarter ended June 30, 2026 (Un-audited)March 31, 2026 (Audited)June 30, 2025 (Un-audited)March 31, 2026 (Audited)
Revenue from operations43,244 lakhs76,717 lakhs296.66 lakhs2,140.91 lakhs
Other income439 lakhs662 lakhs747.66 lakhs1,619.70 lakhs
Total income436.83 lakhs773.79 lakhs1,044.32 lakhs3,760.61 lakhs
Cost of materials consumed37,470 lakhs768.19 lakhs20,957 lakhs1,780.08 lakhs
Employee benefits expense9,321 lakhs103.78 lakhs62.85 lakhs360.05 lakhs
Depreciation expense20.68 lakhs4.40 lakhs407 lakhs15.00 lakhs
Other expenses77.04 lakhs22,375 lakhs175.85 lakhs613.83 lakhs
Total expenses565.63 lakhs1,100.05 lakhs452.41 lakhs2,768.96 lakhs
Profit/(loss) before tax(128.80) lakhs(326.26) lakhs591.91 lakhs991.65 lakhs

Consolidated Results Update​

In the consolidated results, total income for the quarter ended June 30, 2026, reached 478.79 lakhs, while expenses amounted to 607.67 lakhs. The net profit/(loss) after taxes was reported as (6.03) lakhs.

Auditor Reappointment Details​

The Board approved the re-appointment of M/s Tolia & Associates, Chartered Accountants, as the Statutory Auditor of the company. The appointment is effective from August 14, 2026, and covers the tenure spanning F.Y. 2026-27 to F.Y. 2028-29. This decision followed the conclusion of the previous tenure.
 

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Editorial Note

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