Autoline Industries Reports 146% Jump in Q1 FY26 Net Profit, CEO to Step Down
Autoline Industries Limited reported a 146% increase in net profit to ₹13.32 crore for Q1 FY26, driven by exceptional items of ₹19.10 crore. Revenue remained stable at ₹151.51 crore. EPS doubled to ₹3.08. EBITDA decreased by 14.9% to ₹13.28 crore. CEO Venugopal Rao Pendyala resigned, effective September 30, 2025. The company acquired a 98-year lease land for ₹11.12 crore. Despite industry challenges, the outlook for H2 remains positive due to expected festive demand and favorable economic factors.
04Aug 25
Autoline Industries: Key Promoters Boost Stakes Through Warrant Conversion
Autoline Industries Limited announced significant changes in its shareholding structure as two key promoters, Mr. Shivaji Akhade and Mr. Sudhir Mungase, each converted 11,00,000 warrants into equity shares. This conversion increased Akhade's stake from 13.55% to 16.09% and Mungase's from 10.01% to 12.56%. The company's total equity share capital rose from Rs. 43,17,54,010 to Rs. 45,37,54,010. The company informed stock exchanges of these changes in compliance with SEBI regulations.
29Jul 25
Autoline Industries Strengthens Audit Committee with New Independent Woman Director
Autoline Industries Limited has reconstituted its Audit Committee by adding Mrs. Rajashri Sai as a new Independent Woman Director. The committee now comprises four members, up from three. The existing members, including Mr. Vinayak Janardan Jadhav (Chairperson), Mr. Kishor Piraji Kharat, and Mr. Shivaji Tukaram Akhade, retain their positions. This change, effective immediately, was approved by the Board of Directors through a Circular Resolution on July 29, 2025.