Grandma Trading & Agencies Ltd reported a Q1 FY27 profit of Rs 1.61 lakh, a significant turnaround from a Rs 5.95 lakh loss last year. Revenue was Rs 12.66 lakh. The company also appointed Avdhesh Chaurasiya as Whole-Time Director and CFO.
Grandma Trading & Agencies Ltd Reports Q1 FY27 Profit Turnaround, Appoints New CFO
Rs 1.61 lakh net profit in Q1 FY27; Rs 12.66 lakh revenue. Reader Takeaway: Year-on-year profit recovery driven by operational gains, but sequential performance dips. Pending NCLT case is a key risk. ## What just happened Grandma Trading & Agencies Ltd announced its financial results for the quarter ended June 30, 2026 (Q1 FY2027). The company reported a net profit of Rs 1.61 lakh. This marks a significant improvement from a net loss of Rs 5.95 lakh in the same quarter last year. Total revenue for the quarter stood at Rs 12.66 lakh. However, this represents a sequential decline from Rs 6.63 lakh in profit and Rs 12.66 lakh in revenue in the previous quarter ended March 31, 2026. Revenue also saw a sharp increase from Rs 0.03 lakh in the year-ago period. ## Why this matters The return to profitability on a year-on-year basis is a positive sign for investors, indicating a recovery in the company's performance. The appointment of a new Whole-Time Director and CFO suggests potential strategic shifts or strengthening of financial oversight. ## The backstory In the corresponding quarter of the previous fiscal year (Q1 FY2026), Grandma Trading & Agencies Ltd had posted a net loss of Rs 5.95 lakh. The current quarter's performance reverses this trend. ## What changes now Mr. Avdhesh Chaurasiya has been appointed as Whole-Time Director and Chief Financial Officer (CFO). This appointment is for a term of five years, effective from August 1, 2026, to July 31, 2031, pending shareholder approval. This brings a new leadership presence to the financial helm. ## Concerns and Watch Points A significant point for investors to monitor is the pending petition for the reduction of paid-up capital before the National Company Law Tribunal (NCLT). The company has noted that the petition is awaiting its final hearing. Any outcome from the NCLT could impact the company's capital structure. ## Peer comparison Data on specific peers for Grandma Trading & Agencies Ltd was not available in the filing. The company operates in a sector where profitability and revenue can be volatile, making year-on-year comparisons crucial. ## Context metrics (time-bound) * **Q1 FY2027 (ended June 30, 2026):** Net Profit Rs 1.61 lakh, Revenue Rs 12.66 lakh. * **Q4 FY2026 (ended March 31, 2026):** Net Profit Rs 6.63 lakh, Revenue Rs 12.66 lakh. * **Q1 FY2026 (ended June 30, 2025):** Net Profit (Loss) Rs 5.95 lakh, Revenue Rs 0.03 lakh. ## What to track next Investors should closely watch the outcome of the NCLT petition regarding capital reduction. Future quarterly results will be key to understanding if the Q1 FY27 profit trend is sustainable, especially considering the sequential decline in performance.