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Quarterly Result13 Aug 2026, 03:55 pm

Hi-Klass Trading Declares Q1 FY27 Un-Audited Results; CFO Resigns, New CFO Appointed

AI Summary

Hi-Klass Trading and Investment Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The company reported a Profit Before Tax of ₹1,022.84 Lakhs and a Profit After Tax of ₹847.65 Lakhs. Key management changes were also disclosed, including the resignation of CFO Mr. Deepak Jhunjhunwala and the appointment of Mrs. Bhawana Jha as the new CFO. The company also approved the reconstitution of the Risk Management Committee, a change in authorized officials for materiality disclosures, shifting of its corporate office, and a proposal for a name change to Nicoindia Finance & Investment Limited or similar. Additionally, an agreement for portfolio acquisition with Ringo Fincap Private Limited was approved, and the remuneration of MD Mr. Sanjay Kumar Jain was revised.

Key Highlights

  • Un-audited Q1 FY27 PAT stands at ₹847.65 Lakhs.
  • CFO Mr. Deepak Jhunjhunwala resigns; Mrs. Bhawana Jha appointed as new CFO.
  • Board approves proposal for company name change to Nicoindia Finance & Investment Limited.
  • Agreement approved for portfolio acquisition business vertical.
  • Corporate office shifting and revision in MD's remuneration approved.