Envair Electrodyne Reports Q1 Profit, Reappoints Managing Director, and Names New Secretarial Auditor

1 min read     Updated on 11 Aug 2025, 03:48 PM
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Overview

Envair Electrodyne Limited reported a profit of Rs 13.20 lakhs for Q1, down from Rs 13.87 lakhs year-over-year. Total income increased to Rs 21.28 lakhs. The Board approved re-appointment of Anil Nagpal as Managing Director for two years. M/s Sanger & Associates appointed as Secretarial Auditor for five years. Management exploring new manufacturing or trading opportunities.

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*this image is generated using AI for illustrative purposes only.

Envair Electrodyne Limited, an industrial machinery company, has reported its financial results for the quarter ended June 30, along with key management changes and appointments.

Financial Performance

The company reported a profit of Rs 13.20 lakhs for the quarter, slightly lower than the Rs 13.87 lakhs reported in the same quarter last year. Total income increased marginally to Rs 21.28 lakhs from Rs 20.46 lakhs year-over-year. Notably, the revenue from operations remained at zero for the quarter.

Particulars (in Lakhs) Q1 Q1 (Previous Year)
Total Income 21.28 20.46
Total Expenses 8.08 6.59
Profit 13.20 13.87
EPS (Basic & Diluted) 0.28 0.30

Management Changes

The Board of Directors has approved the re-appointment of Mr. Anil Nagpal as Managing Director for a period of two years, subject to shareholder approval at the upcoming general meeting. Mr. Nagpal brings over 30 years of experience in supply chain, logistics, and manufacturing of pharmaceuticals and FMCG goods. His expertise includes implementing green field projects for major companies like ICI plc UK, Johnson & Johnson, and Unilever.

New Secretarial Auditor

M/s Sanger & Associates has been appointed as the company's Secretarial Auditor for a term of five years, subject to shareholder approval. The firm, led by Mr. Rajeev Sanger, has five years of experience in various aspects of corporate law and compliance.

Future Outlook

While Envair Electrodyne continues to operate in the industrial machinery segment, the management is actively exploring new opportunities to set up manufacturing or trading businesses. This move could potentially diversify the company's operations and revenue streams in the future.

The financial results and appointments were approved at a Board meeting held on August 11. The company's shares are listed on the Bombay Stock Exchange.

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