Omax Autos Limited , a leading manufacturer of sheet metal components and assemblies, has announced its unaudited financial results for the first quarter, along with several key board decisions.

Financial Performance

The company reported a robust performance for Q1:

• Revenue from operations stood at Rs 99.64 crore, marking an 18.3% increase from Rs 84.20 crore in the same quarter last year.
• Total income, including other income, reached Rs 110.42 crore, up from Rs 91.88 crore in Q1 of the previous year.
• The cost of material consumed rose to Rs 76.70 crore from Rs 64.74 crore in the corresponding quarter.

Dividend Declaration

The Board of Directors has recommended a final dividend of Rs 2.5 per equity share (25%) for the financial year 2024-25. This dividend is subject to shareholder approval at the forthcoming Annual General Meeting scheduled for August 29, 2025. The record date for dividend eligibility has been set as August 22, 2025.

Key Management Changes

Omax Autos has announced several significant changes in its leadership team:

1. Ms. Kannu Sharma has been appointed as Company Secretary and Compliance Officer, effective July 24, 2025.
2. Mr. Sanjeev Kumar, a finance leader with over two decades of experience, will take over as Chief Financial Officer from July 25, 2025.
3. Mr. Devashish Mehta has resigned from his position as Chief Financial Officer but will continue to serve as Managing Director.

Board Reappointments

The company has also approved several reappointments to its board:

• Mr. Jatender Kumar Mehta has been reappointed as Vice Chairman & Managing Director for a five-year term starting January 1, 2026.
• Mr. Devashish Mehta has been reappointed as Managing Director for five years from July 19, 2026.
• Mr. Tavinder Singh will continue as Whole Time Director for another year from October 28, 2025.
• Mr. Ram Kumar Chugh has been reappointed as an Independent Director for a second term of five years from August 14, 2026.

Additionally, Mrs. Sakshi Kaura's designation has been changed from Managing Director to Non-Executive, Non-Independent Director, effective July 7, 2025.

Auditor Appointments

The Board has approved the reappointment of M/s. JSN & Co., Cost Accountants, as the Cost Auditors for the financial year 2025-26. M/s. DR Associates, Company Secretaries, have been appointed as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval.

These developments reflect Omax Autos' commitment to strengthening its financial position and corporate governance structure as it continues to grow in the auto components sector.

Omax Autos Limited , a leading manufacturer of sheet metal components and assemblies, has reported a significant increase in revenue for the first quarter, along with several key management changes and a dividend announcement.

Financial Performance

The company's unaudited financial results for Q1 show a notable improvement in revenue from operations. Omax Autos reported revenue of Rs 99.64 crore for the quarter, compared to Rs 84.20 crore in the same quarter of the previous year, marking an 18.3% year-over-year increase.

The company's total income for Q1 stood at Rs 110.42 crore, up from Rs 91.88 crore in the same quarter of the previous year. Profit before tax saw a significant jump to Rs 10.41 crore, compared to Rs 3.83 crore in the corresponding quarter last year. The net profit after tax increased to Rs 7.41 crore from Rs 2.90 crore, representing a 155.5% year-over-year growth.

Dividend Announcement

The Board of Directors has recommended a final dividend of Rs 2.5 per equity share (25%) for the previous financial year. This dividend is subject to shareholder approval at the upcoming Annual General Meeting scheduled for August 29. The record date for dividend eligibility has been set as August 22.

Management Changes

Omax Autos has announced several key management appointments and changes:

1. Ms. Kannu Sharma has been appointed as Company Secretary and Compliance Officer.
2. Mr. Sanjeev Kumar has been appointed as Chief Financial Officer, following the resignation of Mr. Devashish Mehta from the CFO position.
3. Mr. Devashish Mehta will continue to serve as Managing Director of the company.
4. The Board has approved the re-appointment of Mr. Jatender Kumar Mehta as Vice Chairman & Managing Director for a five-year term starting January 1.
5. Mr. Tavinder Singh has been re-appointed as Whole Time Director for a one-year term beginning October 28.
6. Mrs. Sakshi Kaura's designation has been changed from Managing Director to Non-Executive, Non-Independent Director.

Auditor Appointments

The company has also made changes to its auditing team:

• M/s. ISN & Co., Cost Accountants, have been re-appointed as Cost Auditors for the next financial year.
• M/s. DR Associates, Company Secretaries, have been appointed as Secretarial Auditors for a five-year term.

These financial results and corporate actions reflect Omax Autos' strong performance and strategic moves to strengthen its management team and governance structure. The company continues to focus on growth in the automotive components sector, leveraging its expertise in sheet metal components and assemblies.