Indo Farm Equipment Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Indo Farm Equipment (INDOFARM) delivered a robust Q1 FY26: Consolidated revenue rose 28.4% YoY to Rs 96.26 Cr, with profit after tax surging 121.5% to Rs 5.43 Cr. The board approved the 25th Annual General Meeting notice.

Operationally, Mr. Saravjit Singh, a 25-year finance veteran, was appointed Internal Auditor for FY25-26. Key board committees (Stakeholders, Risk, CSR) were also reconstituted, bringing in Mr. Anshul Khadwalia as a member.

Regarding IPO funds, Rs 50 Cr for debt and Rs 45 Cr for NBFC investment are fully utilized. Over Rs 67 Cr for cranes capacity expansion is still available.