Yash Innoventures Reports Significant Profit Boost in Q1, Appoints New Director 4 days ago
Yash Innoventures Limited reported a substantial increase in profit for Q1 FY2026. Revenue doubled to ₹98.00 lacs, while profit after tax surged to ₹599.02 lacs from a loss of ₹57.33 lacs in Q1 FY2025. The profit boost was primarily due to an exceptional item of ₹612.10 lacs from the sale of a non-current asset. The company appointed M/s. A. Shah & Associates as secretarial auditor and Mr. Devang Bhikhubhai Parekh as an Additional Non-Executive Independent Director. The results reflect the impact of the recent amalgamation with Yash Shelters Limited.