Board Meeting10 Aug 2026, 01:19 pm
NDR Auto Components Approves Financial Results and ESOPs
AI Summary
NDR Auto Components Limited's Board of Directors, in a meeting held on August 10, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported a Net Profit of ₹1,472.18 lakhs for the quarter. Additionally, the Board approved the grant of 66,641 stock options to eligible employees under the ESOP Plan 2024 and an investment of ₹8 crore in its wholly-owned subsidiary, NDR Auto Components South Private Limited, via a rights issue subscription. The financial results showed a Total Income of ₹22,480.72 lakhs and Total Expenses of ₹20,523.80 lakhs for the quarter.
Key Highlights
- Board approved Q1 FY27 unaudited standalone and consolidated financial results.
- Net profit for the quarter ended June 30, 2026, stood at ₹1,472.18 lakhs.
- Approved grant of 66,641 stock options to employees.
- Invested ₹8 crore in wholly-owned subsidiary NDR Auto Components South Private Limited.
- Financial results include revenue from operations of ₹22,359.85 lakhs.
Price Impact
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