According to reports from Business Standard, Spenta International reported a standalone net loss of ₹0.82 crore in the quarter ended June 2026, marking a significant decline from the net profit of ₹0.03 crore recorded during the corresponding quarter of the previous financial year. The company's basic and diluted earnings per share for the quarter stood at ₹(2.97). This represents a complete reversal in the company's profitability position year-over-year, with the latest unaudited results showing improvement from the previous quarter's net loss of ₹115.52 lakhs.
As reported by Business Standard, the company's sales declined 1.20% to ₹9.90 crore in Q1 FY2026 compared to ₹10.02 crore in the same quarter of the previous financial year. This marginal revenue contraction contributed to the overall deterioration in the company's financial performance during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) declined to -6.16% in Q1 FY2026 from 4.09% in the corresponding quarter of the previous year. Additionally, PBDT turned negative at ₹0.67 crore compared to a positive ₹0.22 crore in Q1 FY2025, indicating operational challenges during the quarter.
The Board Meeting held on August 14, 2026 approved several significant leadership changes. Mr. Danny Firoze Hansotia was re-appointed as Managing Director for a three-year term from December 1, 2026 to November 30, 2029. Additionally, Mr. Dilip Ramdas Pawar was re-appointed as Non-Executive Independent Director for a five-year term from August 13, 2026 to August 12, 2031. The company also appointed Mrs. Payal Bohra as Company Secretary and Compliance Officer effective August 17, 2026, and Mr. Anil Krushnadas Parekh as Additional Director effective August 14, 2026.
In preparation for the Annual General Meeting, the Board approved convening the 39th AGM for the financial year ended March 31, 2026, via Video Conferencing or Other Audio-Visual Means. The company will also close its Register of Members and Share Transfer Books for the AGM purpose and has approved a cut-off date for shareholders to cast their votes electronically. The 39th Annual Report, including the AGM notice, was also approved, with the appointment of Mr. Hemant Shetye and Mr. Kunal Sakpal as scrutinizers for the e-voting process confirmed.
