Board Meeting13 Aug 2026, 06:05 pm
Gem Aromatics Declares Unaudited Q1 FY27 Financial Results
AI Summary
Gem Aromatics Limited announced the outcome of its Board Meeting held on August 13, 2026. The board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also disclosed a change in its accounting policy for inventory valuation from Weighted Average Cost to FIFO, applied prospectively from April 1, 2026, due to the complexity of its manufacturing processes. The limited review reports from the statutory auditors were also taken on record. The financial results and review reports are available on the company's website and stock exchange websites.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Financial results for the quarter ended June 30, 2026, were declared.
- A change in inventory valuation policy to FIFO was approved prospectively.
- Limited Review Reports from statutory auditors were taken on record.
- Results are available on company and stock exchange websites.
Price Impact
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