OTCO International Reports Q1 FY2026 Results, Announces Key Leadership Changes
Otco International Limited reported Q1 FY2026 results with revenue of Rs. 66.57 thousand and a profit of Rs. 0.22 thousand. The company announced its 44th AGM for September 22, 2025. Key appointments include Mr. V. Nagarajan as Secretarial Auditor, Ms. Bagyalakshmi Thirumalai reappointed as whole-time director, and Mr. Alok Dash as Additional Independent Director. Mr. Shaine Sunny Mundaplakkal Sunny resigned as Independent Director. The Board explored development possibilities for a 4.26-acre land asset in Velanur, Avadi.
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Otco International Limited, a company listed on the Bombay Stock Exchange (BSE: 523151), has released its unaudited financial results for the first quarter ended June 30, 2025, along with several significant corporate announcements.
Financial Performance
For the quarter ended June 30, 2025, Otco International reported:
| Particulars | Q1 FY2026 (Rs. in thousands) |
|---|---|
| Revenue from Operations | 66.57 |
| Total Income | 66.88 |
| Total Expenses | 64.44 |
| Profit before Tax | 0.22 |
| Profit after Tax | 0.22 |
| Earnings per Share (Rs.) | 0.00 |
The company's revenue from operations stood at Rs. 66.57 thousand, with a total income of Rs. 66.88 thousand for the quarter. Otco International managed to report a modest profit of Rs. 0.22 thousand, resulting in an earnings per share of Rs. 0.00.
Corporate Announcements
The Board of Directors, in their meeting held on August 13, 2025, made several key decisions and appointments:
Annual General Meeting
The 44th Annual General Meeting (AGM) of the company is scheduled for September 22, 2025, at 11:00 A.M. The AGM will be conducted in compliance with the guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).
Leadership Changes
- Mr. V. Nagarajan has been appointed as the Secretarial Auditor.
- Ms. Bagyalakshmi Thirumalai has been reappointed as the whole-time director.
- Mr. Alok Dash has been appointed as an Additional Independent Director.
- The Board accepted the resignation of Mr. Shaine Sunny Mundaplakkal Sunny from his position as Independent Director.
Other Appointments
Mr. Rajesh Agarwal has been appointed as the scrutinizer for the upcoming AGM.
Business Development
The Board explored possibilities for developing the company's land asset, measuring 4.26 acres, located at Velanur, Avadi. This move could potentially open up new avenues for the company's growth and asset utilization.
Auditor's Review
B.N. Misra & Co., Chartered Accountants, conducted a limited review of the financial results for the quarter ended June 30, 2025. The auditors stated that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and generally accepted accounting principles.
Otco International's board meeting, which commenced at 11:30 A.M., concluded at 11:00 A.M. on August 13, 2025. The company has requested the BSE to take these announcements on record.
Investors and stakeholders are advised to refer to the company's website for more detailed information on the financial results and the upcoming Annual General Meeting.
Historical Stock Returns for Otco International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.97% | +4.21% | 0.0% | +0.42% | -14.01% | -30.96% |
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