India Motor Parts & Accessories Limited (IMPAL), a leading player in the automotive spares distribution sector, has reported its financial results for the first quarter ended June 30, 2025, alongside significant changes in its key management personnel.

Financial Performance

IMPAL demonstrated resilience in its financial performance for Q1 FY2026, with total income marginally increasing to Rs 208.66 crores from Rs 208.33 crores in the same quarter last year. However, the company experienced a slight dip in its revenue from operations, which stood at Rs 196.69 crores compared to Rs 197.89 crores in the corresponding period of the previous year.

The company's profitability saw a minor decline, with profit after tax (PAT) at Rs 20.41 crores, down from Rs 20.84 crores in Q1 FY2025. Consequently, the earnings per share (EPS) decreased to Rs 16.35 from Rs 16.70 year-over-year.

Here's a summary of the key financial metrics:

Management Changes

In a significant development, IMPAL announced changes in its key managerial personnel. Mr. Aditya Sharma, the current Company Secretary, Compliance Officer, and Nodal Officer, has tendered his resignation effective August 5, 2025. The company stated that Mr. Sharma's decision to leave is driven by career opportunities outside the organization, with no material reasons cited for the resignation.

To fill this crucial position, the Board of Directors, based on the recommendation of the Nomination & Remuneration Committee, has appointed Ms. R Swetha as the new Company Secretary & Compliance Officer. Ms. Swetha, aged 34, brings a decade of experience to the role and holds B.Com and ACS qualifications. Her appointment will be effective from her joining date, which is expected to be no later than September 15, 2025.

Company Outlook

IMPAL continues to operate exclusively in the sale and distribution of automotive spares segment. The company's ability to maintain stable financial performance amidst challenging market conditions demonstrates its strong market position and operational efficiency.

The Board of Directors reviewed and approved these unaudited financial results at their meeting held on July 30, 2025. The results have been subjected to a limited review by the company's statutory auditors, M/s Brahmayya & Co, Chartered Accountants.

As IMPAL navigates through the fiscal year, investors and stakeholders will be keen to observe how the new management changes and the company's strategic initiatives impact its performance in the coming quarters.

India Motor Parts & Accessories , a key player in the automotive components sector, has released its first quarter financial results, showcasing a mixed performance with revenue growth but a slight dip in profitability.

Revenue Growth

The company reported a notable increase in revenue, reaching ₹1.97 billion for the quarter, up from ₹1.90 billion in the same period last year. This represents a year-over-year growth of approximately 3.68%, indicating a positive trend in the company's sales performance.

Profit and Margins

Despite the revenue growth, India Motor Parts & Accessories experienced a marginal decline in its quarterly net profit. The company reported a net profit of ₹204.00 million, slightly down from ₹205.00 million in the corresponding quarter of the previous year.

EBITDA Performance

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a decrease, falling to ₹140.00 million from ₹147.00 million year-over-year. This decline in EBITDA was accompanied by a compression in the EBITDA margin, which dropped to 7.15% from 7.44% in the previous year.

Financial Overview

To better visualize the company's quarterly performance, here's a breakdown of the key financial metrics:

The results indicate that while India Motor Parts & Accessories has managed to grow its revenue, it faces challenges in maintaining profitability and operational efficiency. The slight decrease in net profit and the more noticeable decline in EBITDA suggest that the company might be experiencing increased costs or competitive pressures in the market.

As the automotive components industry continues to evolve, stakeholders will be keen to see how India Motor Parts & Accessories adapts its strategies to balance growth with profitability in the coming quarters.