Kusam Electrical Industries Limited has released its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance. The company also announced the resignation of its Company Secretary and Compliance Officer.

Financial Performance

For the quarter ended September 30, 2025, Kusam Electrical Industries reported:

The company's revenue from operations saw a modest increase of 2.17% year-over-year. However, net profit for the quarter declined significantly by 86.66% compared to the same period last year.

For the half-year ended September 30, 2025:

• Revenue stood at Rs. 541.45 lakhs
• Net profit was Rs. 28.06 lakhs

Operational Highlights

The company's performance reflects challenges in maintaining profitability despite a slight increase in revenue. The substantial decrease in net profit may be attributed to various factors, including:

1. Increased expenses: Total expenses for Q2 2025 were Rs. 267.47 lakhs, compared to Rs. 250.91 lakhs in Q2 2024.
2. Changes in inventory: The company reported a significant change in inventories of stock-in-trade, which may have impacted profitability.

Management Changes

In a significant development, Ms. Amruta Kiran Lokhande (ACS-38254) has resigned from her position as Company Secretary and Compliance Officer, effective October 30, 2025. The resignation was attributed to unavoidable personal obligations.

Board Meeting and Auditor's Review

The company's Board of Directors met on November 12, 2025, to approve the unaudited financial results. The statutory auditors, Chhajed & Doshi, Chartered Accountants, have conducted a limited review of the financial results and expressed an unmodified opinion.

Looking Ahead

While Kusam Electrical Industries faces challenges in maintaining profitability, the company's ability to grow revenue, albeit modestly, in a competitive market may be seen as a positive sign. Investors and stakeholders will likely be watching closely to see how the company addresses its profitability concerns and manages the transition following the resignation of its Company Secretary.

The company's focus on trading Electrical & Electronic Measuring Instruments remains unchanged, as noted in its segment information disclosure.

Investors are advised to consider both the revenue growth and profitability challenges when evaluating the company's performance and future prospects.

Kusam Electrical Industries Ltd. has made significant changes to its board composition, as approved at its Annual General Meeting (AGM) held on September 26, 2025. The company has re-appointed a key executive and brought in a new non-executive director, both for five-year terms.

Re-appointment of Whole Time Director

Mr. Navin Chandmal Goliya has been re-appointed as the Whole Time Director of Kusam Electrical Industries for a period of five years. Mr. Goliya, who holds a Bachelor's degree in Electronics Engineering, brings extensive industry experience to the company. His re-appointment was initially approved by the Board of Directors on August 13, 2025, and subsequently ratified by shareholders at the AGM.

New Non-Executive Director

In addition to Mr. Goliya's re-appointment, the company has also appointed Mrs. Milli Navin Goliya as a Non-executive Director for a five-year term. Mrs. Goliya, who holds a Bachelor's degree in Commerce, is noted for her management skills in finance and accounting. Her appointment, like Mr. Goliya's, was initially approved by the Board on August 13, 2025, before being confirmed at the AGM.

Other Key Appointments

The AGM also saw the approval of other significant appointments:

• M/S. Chhajed & Doshi, Chartered Accountants, were appointed as Statutory Auditors for a term of five years, from the financial year 2025-26 to 2029-30.
• CS Nishi Jain, a Practicing Company Secretary, was appointed as the Secretarial Auditor for the same five-year period.

AGM Proceedings

The 42nd Annual General Meeting of Kusam Electrical Industries was held at the company's registered office in Mumbai. The meeting, chaired by Mr. Navin Chandmal Goliya, saw the presence of six directors, including the chairman of the Audit Committee.

The AGM addressed various agenda items, including:

• Adoption of financial statements for the year ended March 31, 2025
• Re-appointment of Mr. Chandmal Parasmal Goliya, who was retiring by rotation

These board-level changes and appointments reflect Kusam Electrical Industries' focus on strengthening its governance and leadership as it moves forward. The mix of continuity in executive leadership and the introduction of new perspectives through the non-executive appointment suggests a balanced approach to the company's future direction.