Abans Enterprises Reports Strong Q1 FY2026 Results with 427% YoY Growth in Consolidated Profit
Abans Enterprises announced strong Q1 FY2025-26 results. Consolidated revenue reached ₹1,35,672.12 lakhs, with PAT at ₹467.92 lakhs, showing 427% YoY growth. EPS improved to ₹0.67. Standalone revenue was ₹5,658.53 lakhs with PAT of ₹167.44 lakhs. The company operates through three subsidiaries in India, UAE, and Mauritius, focusing on trading activities. A pending merger with Abans Jewels Limited awaits regulatory approval. New internal auditors appointed and revised SEBI-compliant policies approved.
25Jul 25
Abans Enterprises CEO Kayomarz Marzban Sadri Steps Down, Citing Personal Reasons
Abans Enterprises announced the resignation of CEO and Whole Time Director Kayomarz Marzban Sadri. Sadri cited personal reasons for his departure, effective October 23, 2025, after a three-month notice period. He will also step down from all Board committees. The company will appoint a successor within the stipulated timeline and has assured stakeholders of a smooth transition.