Integra Engineering India Limited conducted its Forty-fourth Annual General Meeting on July 17, 2026, adopting the audited financial statements for the year ended March 31, 2026. The meeting, held via video conferencing, also sought the re-appointment of a director and ratified the remuneration of the Cost Auditor for the upcoming fiscal year. Shareholders raised queries regarding the company's outlook, operating margins, order book, and export market expansion during the session.

Business Transacted

The Board presented three resolutions for shareholder approval. Mrs. Corinne Ruckstuhl, Chairperson of the Company, explained the objectives of each agenda item. The resolutions included the adoption of financial statements, the appointment of a director, and the ratification of auditor remuneration.

Meeting Proceedings

The meeting commenced at 3:00 p.m. IST and concluded at 4:20 p.m. IST. Mrs. Corinne Ruckstuhl chaired the session, which was attended by Board members including Mr. Bharat Salhotra, Mrs. Komal Solomon, Mr. Jayesh Mehta, and Mr. Dilipsinh Jadeja. Mr. Adrian Oehler was granted leave of absence. Key management representatives present included Mr. Bhavin Kariya, Chief Executive Officer, and Mr. Kinnar Joshi, Chief Financial Officer.

Mr. Ravi Thanki, Company Secretary and Compliance Officer, managed the proceedings. M/s. CNK & Associates LLP, represented by Mr. Rachit Sheth, attended as Statutory Auditor. Mr. Devesh Pathak of M/s. Devesh Pathak and Associates served as the Secretarial Auditor and was appointed as the Scrutinizer for the e-voting process.

Voting and Disclosures

Remote e-voting was facilitated from July 14, 2026, to July 16, 2026. The Chairperson informed members that the facility for appointing proxies was not applicable due to the virtual mode of the meeting. She stated that there were no qualifications, observations, or comments in the reports of the Statutory Auditor or Secretarial Auditor. The results of the voting are expected to be declared within two working days and will be displayed on the company's website and that of Central Depository Services (India) Limited.

Integra Engineering India reported a decline in revenue and profit for the quarter ended June 30, 2026, with operating margins contracting year-on-year. The Board of Directors approved the unaudited standalone and consolidated financial results and appointed a new Chief Financial Officer during its meeting on July 16, 2026.

Q1 Financial Performance at a Glance

The company's financial results for Q1FY27 showed a downward trend across key metrics compared to the same period in the previous year. The following table summarises the unaudited consolidated financial performance:

Revenue and Profitability Decline

Revenue from operations for the quarter stood at ₹4,429.92 lakh, compared to ₹4,572.76 lakh in the corresponding quarter of the previous year. Net profit for the period declined to ₹450.91 lakh from ₹508.44 lakh in Q1FY26. The basic and diluted earnings per share decreased to ₹1.31 from ₹1.48 year-on-year.

Operational Efficiency and Expenses

Total expenditure for the quarter increased to ₹3,883.05 lakh from ₹3,864.76 lakh in the prior year. Key expense components included the cost of material consumed at ₹2,437.11 lakh and employee benefit expenses at ₹486.15 lakh. Finance costs reduced to ₹58.64 lakh from ₹81.75 lakh in the same period last year.

Board Appointments

Based on the recommendations of the Nomination and Remuneration Committee and Audit Committee, the Board appointed Mr. Kinnar Joshi as the Chief Financial Officer and Key Managerial Personnel effective July 16, 2026. Mr. Joshi is a qualified Cost Accountant (CMA) and MBA (Finance) with over 21 years of experience in finance and strategic business management.