Pritika Auto Industries Reports 29.4% Revenue Growth in Q1 FY2026, Approves Key Corporate Changes

2 min read     Updated on 13 Aug 2025, 02:55 PM
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Radhika SahaniBy ScanX News Team
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Overview

Pritika Auto Industries Ltd announced robust Q1 FY2026 results with a 29.4% YoY revenue growth to Rs. 11,371.84 lakhs and a 15% increase in net profit to Rs. 406.75 lakhs. The company's Board approved several corporate changes including auditor appointments, an increase in authorized share capital to Rs. 40 crores, and amendments to the Memorandum of Association. The 45th Annual General Meeting is scheduled for September 20, 2025, with e-voting set for September 17-19, 2025.

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*this image is generated using AI for illustrative purposes only.

Pritika Auto Industries Ltd , a prominent player in the automotive components sector, has reported a strong financial performance for the first quarter of fiscal year 2026, along with several significant corporate decisions.

Financial Highlights

The company's unaudited financial results for Q1 FY2026, ending June 30, 2025, showcase robust growth:

Particulars (in Rs. Lakhs) Q1 FY2026 Q1 FY2025 YoY Change
Revenue from Operations 11,371.84 8,789.22 29.4%
Total Income 11,427.39 8,830.03 29.4%
Profit Before Tax 541.75 500.64 8.2%
Net Profit 406.75 353.61 15.0%

Pritika Auto Industries witnessed a significant year-on-year revenue growth of 29.4%, with revenue from operations rising to Rs. 11,371.84 lakhs in Q1 FY2026 from Rs. 8,789.22 lakhs in the same quarter last year. The company's net profit also saw a healthy increase of 15%, reaching Rs. 406.75 lakhs compared to Rs. 353.61 lakhs in Q1 FY2025.

Consolidated Performance

On a consolidated basis, the company reported even stronger results:

  • Revenue from operations: Rs. 11,461.00 lakhs
  • Total income: Rs. 11,393.19 lakhs
  • Profit before tax: Rs. 784.44 lakhs
  • Net profit: Rs. 609.47 lakhs

Corporate Updates

In addition to the financial results, the Board of Directors approved several key corporate changes:

  1. Auditor Appointments:

    • M/s. A.K. Sood & Associates reappointed as Internal Auditor for FY 2025-26.
    • M/s Verma Khushwinder & Co. appointed as Cost Auditor for FY 2025-26.
    • M/s S.K. Sikka & Associates proposed as Secretarial Auditor for five years, subject to shareholder approval.
  2. Increase in Authorized Share Capital: The Board approved an increase in the authorized share capital from Rs. 36.50 crores to Rs. 40 crores, subject to shareholder approval.

  3. Memorandum of Association Changes: The Board recommended deletion of the 'Other Objects' clause and amendment of the 'Liability Clause' in the Memorandum of Association.

  4. Annual General Meeting: The 45th Annual General Meeting is scheduled for September 20, 2025, to be held via video conferencing.

  5. E-voting Details: The company has fixed September 13, 2025, as the cut-off date for e-voting purposes. E-voting will commence on September 17, 2025, at 9:00 a.m. and close on September 19, 2025, at 5:00 p.m.

  6. Code of Fair Disclosure: The Board approved amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

Harpreet Singh Nibber, Chairman and Managing Director of Pritika Auto Industries Ltd, stated, "Our strong Q1 performance reflects the resilience of our business model and the growing demand in the automotive components sector. The strategic decisions taken by the Board are aimed at strengthening our corporate governance and paving the way for future growth."

The company's shares will be closely watched by investors following these positive results and corporate updates.

Historical Stock Returns for Pritika Auto Industries

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Pritika Auto Industries to Delist from Calcutta Stock Exchange

1 min read     Updated on 29 Jul 2025, 11:21 AM
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Reviewed by
Riya DeyBy ScanX News Team
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Overview

Pritika Auto Industries Limited announced its decision to voluntarily delist its shares from The Calcutta Stock Exchange Limited (CSE). The company published a notice in 'Dainik Savera Times' on July 29, 2025, and informed NSE and BSE about this development. Pritika Auto will continue to be listed on NSE (PRITIKAUTO) and BSE (539359). The delisting is specific to CSE and does not affect its listings on other exchanges.

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*this image is generated using AI for illustrative purposes only.

Pritika Auto Industries Limited , a prominent player in the auto components sector, has announced its decision to voluntarily delist its shares from The Calcutta Stock Exchange Limited (CSE). This strategic move marks a significant development for the company's listing status.

Delisting Announcement

The company made the announcement public through a notice published in the Hindi newspaper 'Dainik Savera Times' on July 29, 2025. Following this, Pritika Auto Industries promptly informed the National Stock Exchange of India Limited (NSE) and BSE Limited about the newspaper publication, adhering to regulatory disclosure requirements.

Current Listing Status

Pritika Auto Industries currently maintains its presence on multiple stock exchanges:

Exchange Symbol/Scrip Code
National Stock Exchange (NSE) PRITIKAUTO
BSE Limited 539359
Calcutta Stock Exchange (CSE) 18096

Implications and Next Steps

The voluntary delisting from the Calcutta Stock Exchange is part of the company's strategic decisions regarding its public listing. While the exact reasons for the delisting were not specified in the announcement, such moves are often undertaken to streamline operations, reduce compliance costs, or align with the company's long-term objectives.

It's important to note that this delisting is specific to the Calcutta Stock Exchange and does not affect the company's listing on the NSE and BSE, where it will continue to be traded.

Investor Communication

In line with regulatory requirements and to ensure transparency, Pritika Auto Industries has taken steps to communicate this development to its stakeholders:

  1. Newspaper Publication: The notice was published in 'Dainik Savera Times' on July 29, 2025, reaching a wide Hindi-speaking audience.
  2. Stock Exchange Notifications: The company has duly informed both NSE and BSE about the newspaper publication and the delisting process.

Company Background

Pritika Auto Industries Limited, with its registered office in Mohali, Punjab, is known for its presence in the auto components manufacturing sector. The company, bearing the CIN L45208PB1980PLC046738, continues to maintain its primary listings on the NSE and BSE.

Investors and stakeholders are advised to stay tuned for further updates from the company regarding the delisting process and any potential impact on share trading on the Calcutta Stock Exchange.

Historical Stock Returns for Pritika Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.04%+2.49%-8.63%-3.93%-27.47%-0.22%
Pritika Auto Industries
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