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 has resubmitted its announcement regarding the resignation of Company Secretary Ms. Amruta Kiran Lokhande to the Bombay Stock Exchange (BSE), following a request for clarification about delayed compliance reporting.

BSE Clarification and Resubmission

The company initially announced the resignation on November 05, 2025, but received an inquiry from BSE on November 06, 2025, regarding the delay in reporting within the mandatory 24-hour timeframe as required under SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/P/0155 dated November 11, 2024.

Resignation Details

Company's Explanation

Kusam Electrical Industries explained that the delay occurred inadvertently as the company did not have a Company Secretary and Compliance Officer in place immediately upon Ms. Lokhande's resignation. Consequently, there was no designated compliance officer available to prepare and submit the intimation within the prescribed timeline.

The company has expressed regret for the delay and assured that it has strengthened its internal compliance and reporting mechanisms to ensure timely disclosures and strict adherence to regulatory requirements in the future.

Regulatory Compliance

The resubmission was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided complete details along with the resignation letter for BSE's records and has committed to informing the exchange once a new Company Secretary and Compliance Officer is appointed.