Aditya Vision reported a 40% year-on-year surge in standalone net profit for Q1FY27, reaching ₹772.2 crore, driven by robust revenue growth of ₹1,192.68 crore. The company’s Board of Directors, in a meeting held on July 31, 2026, approved the unaudited financial results and appointed M/s M S K A & Associates LLP as its new statutory auditor for five years, subject to shareholder approval. This strong top-line expansion signals sustained momentum in the consumer electronics retail sector, reinforcing investor confidence ahead of the upcoming Annual General Meeting.

Financial Performance

Aditya Vision’s revenue from operations rose to ₹1,192.68 crore in the quarter ended June 30, 2026, compared to ₹940.23 crore in the corresponding period of FY26. This top-line expansion contributed to a significant improvement in profitability. Earnings per share (basic) increased to ₹5.98 from ₹4.29 in Q1FY26.

The company’s total revenue stood at ₹1,194.84 crore, while total expenses were ₹1,092.02 crore. Profit before tax remained at ₹102.82 crore, with tax expense recorded at ₹25.60 crore. The results were reviewed by Nirmal & Associates, the current statutory auditors, pursuant to Regulation 33 of the SEBI Listing Regulations.

Board Approvals and Appointments

During the same meeting, the Board approved the appointment of M/s M S K A & Associates LLP as Statutory Auditors for five consecutive years from the conclusion of the 27th AGM till the 32nd AGM in 2031, replacing outgoing auditors Nirmal & Associates. The firm holds a valid peer review certificate and is registered with the ICAI.

Additionally, the Board approved the re-appointment of Mr. Nishant Prabhakar as Whole-time Director for five years, commencing September 22, 2026, and ending September 21, 2031. Mr. Prabhakar, who has over 21 years of experience in consumer electronics retail, oversees day-to-day operations and strategic leadership. His re-appointment is subject to shareholder approval at the ensuing Annual General Meeting.

The company also appointed M/s D.K. Verma & Co. as Internal Auditor for FY27. The 27th AGM is scheduled for September 2, 2026, via video conferencing, with e-voting available from August 30 to September 1, 2026. The cut-off date for determining voting eligibility is August 26, 2026.

Aditya Vision Limited will hold its 27th Annual General Meeting (AGM) on September 02, 2026, at 04:30 PM IST. The company announced that the meeting will be conducted exclusively through Video Conferencing or Other Audio Visual Means (VC/OAVM), allowing shareholders to participate and vote without physical presence at a common venue.

The decision aligns with the provisions of the Companies Act, read with rules made thereunder, and Ministry of Corporate Affairs (MCA) Circular no. 03/2025 dated September 22, 2025. This circular permits listed entities to hold general meetings via VC/OAVM until September 30, 2026, subject to compliance with specified conditions. The registered office of the company in Patna will be deemed the venue for the meeting.

Shareholder Participation and Voting

Members can attend the meeting using the VC/OAVM facility provided by the company. Attendance through this mode will count toward reckoning the quorum under Section 103 of the Companies Act, 2013. The company is providing a remote e-voting facility to all members to cast votes on resolutions set out in the AGM notice. Additionally, e-voting during the meeting will be available.

Login details for e-voting are being sent to members who have registered their email addresses with the company or depositories. For those who have not registered an email address, the company is sending a letter containing a web-link to access the Annual Report for FY25-26 and instructions for obtaining login credentials.

Email Registration Process

Shareholders holding shares in physical or demat mode must ensure their email addresses are registered to receive the electronic notice and voting details. The process differs based on the holding type:

The Notice of the AGM and the Annual Report for FY25-26 are available on the company’s website at www.adityavision.in and on the stock exchange websites. Detailed procedures for remote e-voting and participation instructions are included in the AGM notice circulated to shareholders.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements regarding the AGM were published in Business Standard (English) and Aj (Hindi) on August 01, 2026. Akanksha Arya, Company Secretary of Aditya Vision Limited, signed the disclosure on August 01, 2026.