Abans Enterprises has announced its unaudited financial results for the quarter ended June 30, 2025, showcasing significant growth in both revenue and profitability.

Consolidated Financial Highlights

• Revenue from operations surged to ₹1,35,672.12 lakhs, marking a substantial increase from the previous year's quarter.
• Profit after tax (PAT) stood at ₹467.92 lakhs, representing a remarkable 427% year-on-year growth.
• Basic earnings per share (EPS) improved to ₹0.67, up from ₹0.64 in the corresponding quarter of the previous year.

Standalone Performance

• Standalone revenue from operations reached ₹5,658.53 lakhs.
• Standalone profit after tax was reported at ₹167.44 lakhs.
• Basic earnings per share on a standalone basis was ₹0.24.

Key Operational Insights

The company's consolidated results include the performance of its three subsidiaries:

1. Abans Jewels Limited (100% subsidiary in India)
2. Abans Gems & Jewels Trading FZC (100% step-down subsidiary in UAE)
3. Splendid International Limited (100% subsidiary in Mauritius)

Abans Enterprises continues to operate primarily in trading activities, focusing on physical commodities and derivatives.

Corporate Updates

• The company has a pending merger scheme with its wholly-owned subsidiary, Abans Jewels Limited, which was approved in November 2024 and awaits regulatory approvals.
• The Board of Directors has appointed M/s. P S S V & ASSOCIATES LLP as the Internal Auditors for the Financial Year 2025-26.
• Revised policies under SEBI regulations, including the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and the Code of Conduct to Regulate, Monitor and Report Trading by Insiders, have been approved.

Conclusion

Abans Enterprises has demonstrated a strong start to the fiscal year 2025-26, with significant growth in both top-line and bottom-line figures. The company's diversified presence across India, UAE, and Mauritius, coupled with its focus on trading activities, appears to be yielding positive results. Investors and stakeholders will be keenly watching the company's performance in the coming quarters and the progress of its pending merger with Abans Jewels Limited.

Note: All figures are in accordance with Indian Accounting Standards (Ind-AS).

Abans Enterprises announced a significant change in its top leadership as Chief Executive Officer and Whole Time Director Kayomarz Marzban Sadri tendered his resignation. The company disclosed this development in a regulatory filing to the stock exchanges on July 25, 2025.

Resignation Details

Mr. Sadri, who holds the Director Identification Number (DIN) 07889169, submitted his resignation letter on July 24, 2025. The resignation is set to take effect after a three-month notice period, with his last working day scheduled for October 23, 2025. However, the Board of Directors or the Nomination, Remuneration & Compensation Committee (NRCC) may decide on an earlier date for his departure.

Reason for Departure

In his resignation letter, Mr. Sadri cited personal reasons for his decision to step down. He explicitly confirmed that there were no material reasons beyond personal circumstances for his departure from the company.

Transition Period

During the notice period, Mr. Sadri has committed to ensuring a smooth and seamless transition. He expressed his willingness to support the company as required during this time. The Board or NRCC will discuss the resignation at their next meeting and initiate the process to appoint a successor within the stipulated timeline.

Company's Response

Abans Enterprises acknowledged Mr. Sadri's resignation in its filing to the stock exchanges. The company stated that it would appoint a successor within the stipulated timeline and inform the stock exchanges accordingly.

Additional Resignations

In addition to his roles as CEO and Whole Time Director, Mr. Sadri has also resigned from all committees of the Board of which he was a member. This comprehensive step-down indicates a complete departure from his executive responsibilities within the company.

Market Impact

Following the announcement, Abans Enterprises issued a clarification regarding significant movement in its stock price. The company assured that it had made all necessary disclosures as required by SEBI regulations and attributed any price movements to market conditions.

As Abans Enterprises prepares for this leadership transition, stakeholders will be keenly watching for announcements regarding Mr. Sadri's successor and any potential impacts on the company's strategic direction.