Pritika Auto Industries Approves Q1 Financial Results and Makes Key Board Appointments

Pritika Auto Industries Approves Q1 Financial Results and Makes Key Board Appointments​

Pritika Auto Industries Limited announced the outcomes of its Board of Directors meeting held on August 8, 2026. The company approved its Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, along with other material board decisions, including the reappointment of key personnel and statutory auditors.

The Board utilized the meeting to consider several important corporate matters, all subject to shareholder approval in the forthcoming Annual General Meeting. These items include the reappointment of Mr. Aman Tandon and Mrs. Kritika Goyal as Independent Directors for their second five-year terms. The board also approved the appointment and offers self-reappointment for Mr. Ajay Kumar, a director retiring by rotation.

Additionally, the Board sanctioned the change in designation of Mr. Ajay Kumar from Whole Time Director to Joint Managing Director effective August 8, 2026, subject to shareholder approval.

Financial Performance Highlights (Quarter ended June 30, 2026)​

The company reported its financial results for the quarter ending June 30, 2026, both on a standalone and consolidated basis. The results were reviewed by the Audit Committee and approved by the Board of Directors.

Standalone Financial Results Summary:
For the quarter ended June 30, 2026, Pritika Auto Industries reported Total Income of 14,260.11 Lakhs. Total Expenses for the period stood at 13,688.45 Lakhs. The company recorded a Profit Before Tax of 571.66 Lakhs, resulting in a Total Comprehensive Income of 2,187.64 Lakhs.

Consolidated Financial Results Summary:
In the consolidated results for the same quarter, total income was reported at 14,575.36 Lakhs, against Total Expenses of 13,750.16 Lakhs. The company achieved a Profit Before Tax of 825.20 Lakhs and recorded a Total Comprehensive Income of 674.97 Lakhs.

Statutory Auditor Reappointments Confirmed​

The Board meeting confirmed the reappointment of both internal and cost auditors for the Financial Year 2026-27.

M/s A.K Sood & Associates, Chartered Accountants, was reappointed as the Internal Auditor. M/s Verma Khushwinder & Co., Cost Accountants (Registration No. 000469), was reappointed as the Cost Auditor for the Financial Year 2026-27.

Key Personnel Appointments and Designations​

The company made several significant appointments relating to its governance structure:

• Independent Directors: Mr. Aman Tandon (DIN: 02159395) and Mrs. Kritika Goyal (DIN: 10594051) were reappointed as Independent Directors for their second term of five years, effective November 8, 2026, and April 23, 2027, respectively.
• Director Designation: Mr. Ajay Kumar’s designation was changed from Whole Time Director to Joint Managing Director, effective August 8, 2026.

The appointments reflect the company's continuous focus on corporate governance, operational expertise, and strategic growth within the automotive components industry.

PRITIKAUTO Stock Price Movement​

Shares of Pritika Auto Industries Limited on Friday slipped by 0.11% to close at ₹18.22 per share. The stock traded a total volume of 61,421 shares during the session.