Shanti Educational Initiatives Limited reported a consolidated net profit of ₹282.22 lakhs for the quarter ended June 30, 2026, marking a 3% decline from ₹290.19 lakhs in Q1FY25. However, the result represents a significant quarterly improvement from ₹98.37 lakhs in Q4FY25. Consolidated revenue from operations grew 7.5% year-on-year to ₹1,629.86 lakhs, driven by expansion in its education segment. The company also announced key management changes, including the appointment of a new Company Secretary.

The Board of Directors approved the standalone and consolidated unaudited financial results at its meeting held on August 11, 2026. The results were reviewed by Nahta Jain & Associates, the statutory auditors, pursuant to Regulation 33 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board also approved the 38th Notice of Annual General Meeting (AGM) and the Director's Report for the year ended March 31, 2026. The AGM is scheduled to be held on September 25, 2026, via video conference or other audio-visual means.

Financial Performance

Consolidated revenue from operations stood at ₹1,629.86 lakhs in Q1FY26, compared to ₹1,516.37 lakhs in the corresponding period of FY25. Other income decreased significantly to ₹2.85 lakhs from ₹134.17 lakhs in the previous quarter, though it remained lower than the ₹10.71 lakhs recorded in Q1FY25. Total expenses were ₹1,256.08 lakhs, down from ₹2,295.99 lakhs in Q4FY25 but higher than ₹1,162.64 lakhs in Q1FY25. Profit before tax was ₹376.63 lakhs, compared to ₹364.43 lakhs in Q1FY25.

Standalone net profit was ₹248.92 lakhs, nearly flat against ₹249.51 lakhs in Q1FY25. Standalone revenue from operations rose 6.4% to ₹833.74 lakhs from ₹890.94 lakhs in the prior year quarter. Basic and diluted earnings per share (EPS) on a consolidated basis were ₹0.18, unchanged from Q1FY25.

Management Changes

Ms. Pooja Hemang Khakhi resigned from the post of Company Secretary, Compliance Officer, and Key Managerial Personnel with effect from the close of business hours on August 11, 2026, citing better opportunities. Her resignation was accepted by the Board. Ms. Shruti Manoj Bapaye was appointed as the new Company Secretary cum Compliance Officer and Senior Management Personnel designated as Key Managerial Personnel, effective August 12, 2026. Ms. Bapaye is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India.

What the Numbers Show

The financial data indicates a stabilization in profitability after a dip in Q4FY25. While consolidated net profit saw a slight year-on-year contraction, the sequential improvement from Q4FY25 suggests operational recovery. The significant drop in other income in both standalone and consolidated figures compared to Q4FY25 highlights that the current quarter’s performance is driven primarily by core educational operations rather than non-operating gains. The inclusion of UniformVerse Pvt Ltd, whose unaudited results contributed ₹282.22 lakhs to the group’s profit after tax, underscores the subsidiary’s material impact on the consolidated bottom line.

Shanti Educational Initiatives Limited disclosed that its promoters, Vedprakash Devkinandan Chiripal and Savitridevi V Chiripal, received a final order from the Securities and Exchange Board of India (SEBI) imposing penalties and market restrictions. The order, dated June 30, 2026, penalizes the promoters ₹5,00,000 each and restrains them from accessing the securities market for a period of four years. The company stated that based on its assessment and legal counsel, the order is not expected to have a material financial or operational impact.

The regulatory action was taken under Sections 11(1), 11(4), 11(4A), 11B (1), and 11B (2) of the SEBI Act, 1992. The final order was received by the promoters on July 1, 2026. The prohibitions prevent the promoters from buying, selling, or dealing in securities directly or indirectly, or being associated with the securities market in any manner during the restriction period.

Details of the SEBI Order

The final order addressed violations involving 226 entities, including the promoters of Shanti Educational Initiatives. The table below outlines the key particulars of the regulatory action disclosed to the stock exchanges.

Company Response and Future Action

Shanti Educational Initiatives clarified that the promoters reserve the right to appeal against the SEBI order. Under Section 15T and 15Z of the SEBI Act, 1992, the promoters may approach the Securities Appellate Tribunal (SAT) and the Supreme Court of India, respectively. The intimation was submitted to BSE Limited on July 2, 2026, by Whole-time Director Darshan Yogendrabhai Vayeda.