Pyramid Technoplast Approves Q2 Financial Results and Appoints New Statutory Auditor
Pyramid Technoplast Limited, formerly Pyramid Technoplast Pvt. Ltd., has announced the outcome of its Board Meeting held on August 11, 2026. The board considered and approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report by the Statutory Auditor.In a key strategic move, the company also approved the appointment of M/s Desai Saksena & Associates (Firm Registration No.: 102358W) as its Statutory Auditors. The appointment is subject to shareholder approval at the subsequent Annual General Meeting (AGM). The firm will serve a five-year term, commencing from the conclusion of the 28th AGM until the conclusion of the 33rd AGM.
The Board also approved the convening of the company's 28th Annual General Meeting (AGM) and all related matters.
Financial Performance Summary
The unaudited financial results for the quarter ending June 30, 2026, highlight the company’s operational status across various periods. The detailed figures are presented below:| Particulars | Quarter Ended June 30, 2026 (Un-Audited) | Quarter Ended March 31, 2026 (Audited) | Quarter Ended June 30, 2025 (Un-Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operation | 22,249.01 Rs. in Lakhs | 19,478.71 Rs. in Lakhs | 16,381.12 Rs. in Lakhs | 68,090.84 Rs. in Lakhs |
| Total Income | 22,351.19 Rs. in Lakhs | 19,553.23 Rs. in Lakhs | 16,466.15 Rs. in Lakhs | 68,378.76 Rs. in Lakhs |
| Cost Of materials Consumed | 17,186.21 Rs. in Lakhs | 13,839.24 Rs. in Lakhs | 12,264.97 Rs. in Lakhs | 50,054.03 Rs. in Lakhs |
| Profit before tax (PBT) | 1,395.82 Rs. in Lakhs | 1,437.36 Rs. in Lakhs | 1,056.80 Rs. in Lakhs | 3,946.24 Rs. in Lakhs |
| Total Comprehensive Income for the quarter (after tax) | 1,047.63 Rs. in Lakhs | N/A | 793.92 Rs. in Lakhs | 2,918.25 Rs. in Lakhs |
| Basic Earnings per Equity Share (of Rs. 10/- each) | 2.85 | 2.80 | 2.16 | 7.93 |
Appointment of Statutory Auditors
M/s Desai Saksena & Associates was approved by the Board of Directors based on the recommendation of the Audit Committee. The firm, established in 1984, is a professional services entity specializing in areas including Audit and Assurance, Taxation, Corporate Law, Valuation, Forensic Audit, Insolvency, and Compliance services.The board confirmed that this appointment follows the completion of the tenure of the existing Statutory Auditors. The company operates in the Industrial Packaging segment according to Indian Accounting Standard IND AS 108, and does not have any subsidiaries or associates.
PYRAMID Stock Price Movement
Pyramid Technoplast Limited shares are rallying in live trading, currently edging to ₹178.7 as of 1:34 PM after posting a strong 3.38% gain. The stock sees robust activity, with over 109,225 shares changing hands during the current session.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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