Swasti Vinayaka Art & Heritage Reports Stellar Q1 Results, Appoints New Directors
Swasti Vinayaka Art & Heritage Corp reported substantial Q1 FY2025-26 growth with revenue from operations at ₹996.49 crore, up 4,140% YoY. Net profit increased 726% to ₹94.78 crore. The company appointed Mr. Yash Sanjiv Rungta as Additional Director (Independent) and re-appointed Mr. Dinesh Ramprasad Poddar as Managing Director and Mr. Prabhat Dinesh Poddar as Whole-time Director. Committees were restructured, and new auditors were appointed.
*this image is generated using AI for illustrative purposes only.
Swasti Vinayaka Art & Heritage Corp has announced impressive financial results for the first quarter ended June 30, 2025, along with key board appointments and restructuring of its committees.
Financial Performance
The company reported a significant surge in its revenue from operations, which stood at ₹996.49 crore for Q1, compared to ₹23.50 crore in the same quarter of the previous year. This represents a remarkable year-on-year growth of over 4,140%.
Net profit for the quarter also saw a substantial increase, reaching ₹94.78 crore, up from ₹11.47 crore in Q1 of the previous fiscal year. This translates to a year-on-year growth of approximately 726%.
The company's total revenue, including other income, amounted to ₹1,008.44 crore for the quarter, compared to ₹372.43 crore in the corresponding quarter of the previous year, showing a growth of 171%.
Key Financial Highlights
| Particulars (₹ in crore) | Q1 FY2025-26 | Q1 FY2024-25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | 996.49 | 23.50 | 4,140% |
| Total Revenue | 1,008.44 | 372.43 | 171% |
| Net Profit | 94.78 | 11.47 | 726% |
Board Appointments and Restructuring
The board of directors, in its meeting held on August 14, 2025, made several key decisions:
New Independent Director: Mr. Yash Sanjiv Rungta has been appointed as an Additional Director (Independent) until the ensuing Annual General Meeting. His appointment as an Independent Director for a term of 5 years will be subject to shareholder approval.
Re-appointments: The board has approved the re-appointment of Mr. Dinesh Ramprasad Poddar as Managing Director for a term of 3 years from June 1, 2026, to May 31, 2029. Similarly, Mr. Prabhat Dinesh Poddar has been re-appointed as Whole-time Director for 3 years from April 1, 2026, to March 31, 2029. Both re-appointments are subject to shareholder approval.
Committee Restructuring: The Nomination and Remuneration Committee and the Audit Committee have been reconstituted to include the newly appointed independent director.
Auditor Appointments
The company has also made key appointments in its audit functions:
- M/s. Sandeep Dar & Co. has been appointed as the Secretarial Auditor for a consecutive period of five years, from FY 2025-26 to FY 2029-30.
- M/s. M.M. Dubey & Co. has been appointed as the Internal Auditor for FY 2025-26.
These appointments and financial results reflect Swasti Vinayaka Art & Heritage Corp's commitment to strong governance and its impressive growth trajectory. The substantial increase in revenue and profitability indicates a positive outlook for the company's future performance.
Historical Stock Returns for Swasti Vinayaka Art & Heritage Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.54% | +2.20% | -4.62% | -9.71% | -23.77% | +188.37% |
16
