Tilak Ventures Reports 27% Profit Surge, Appoints New Company Secretary
Tilak Ventures Limited announced strong Q1 FY2026 results with net profit rising 27% to Rs 221.12 crore and revenue increasing 56% to Rs 937.74 crore year-over-year. The company's commodity trading business revenue grew to Rs 588.00 crore, while finance business revenue reached Rs 217.89 crore. Tilak Ventures disposed of its subsidiary Yosto Ventures Private Limited, resulting in a one-time loss of Rs 59.85 crore. Mrs. Pratiksha Modi was appointed as the new Company Secretary and Compliance Officer, effective August 1.
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Tilak Ventures Limited has announced a robust financial performance for the quarter ended June 30, with a significant increase in profit and revenue. The company has also made a key appointment to its leadership team.
Financial Highlights
Tilak Ventures reported a net profit of Rs 221.12 crore for the quarter, marking a 27% increase from Rs 173.69 crore in the same quarter last year. The company's total revenue saw a substantial rise, reaching Rs 937.74 crore, up from Rs 600.47 crore year-over-year, representing a 56% growth.
| Particulars (in Rs crore) | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Total Revenue | 937.74 | 600.47 | 56.2% |
| Net Profit | 221.12 | 173.69 | 27.3% |
| Basic EPS (in Rs) | 0.05 | 0.08 | -37.5% |
The company's performance was driven by strong growth in both its business segments:
- Commodity Trading Business: Revenue increased to Rs 588.00 crore from Rs 292.40 crore in the previous year.
- Finance Business: Revenue grew to Rs 217.89 crore from Rs 210.22 crore year-over-year.
Operational Developments
Tilak Ventures operates in two primary business segments: commodity trading and finance business activities. The company's total capital employed as of June 30 stood at Rs 14,256.84 crore, with the finance business segment accounting for the majority at Rs 13,487.17 crore.
During the quarter, Tilak Ventures disposed of its entire shareholding in its subsidiary, Yosto Ventures Private Limited, on June 5. This divestment resulted in a one-time loss of Rs 59.85 crore, which was reflected in the company's financial statements.
New Appointment
In a move to strengthen its corporate governance, Tilak Ventures has appointed Mrs. Pratiksha Modi as the new Company Secretary and Compliance Officer, effective August 1. Mrs. Modi, an Associate Member of the Institute of Company Secretaries of India (Membership No. 69005), brings expertise in secretarial and legal compliance to her new role. She holds a Bachelor of Commerce degree and is well-equipped to excel in her position.
Management Commentary
Girraj Kishor Agarwal, Managing Director of Tilak Ventures Limited, stated, "We are pleased with our strong performance this quarter, which demonstrates the resilience and growth potential of our diverse business model. The significant increase in our revenue and profit reflects the successful execution of our strategic initiatives across both our commodity trading and finance segments."
Tilak Ventures' board of directors reviewed and approved these unaudited standalone financial results at their meeting held on August 1. The company reported no outstanding defaults on loans or debt securities, indicating a healthy financial position.
As Tilak Ventures continues to navigate the dynamic business environment, its robust financial performance and strategic appointments position the company for sustained growth in the coming quarters.
Historical Stock Returns for Tilak Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.95% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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