Inter State Oil Carrier Ltd

- Q1 FY27 unaudited revenue ₹2912.84L vs ₹2590.79L last year - Q1 FY27 profit ₹63.12L vs ₹19.50L last year - Board approved revised Managing Director pay & re-appointment of Whole-Time Director - 42nd AGM on 14 Sept via video conferencing

🔍 Financial Performance Summary:

• Q1 revenue rose to ₹2912.84L vs ₹2590.79L last year, indicating growth.
• Q1 profit after tax improved to ₹63.12L from ₹19.50L, showing stronger profitability.
• Operating expenses and depreciation are key cost components.

📅 Board Meeting Outcomes:

• Unaudited Q1 results approved along with auditor's limited review.
• 42nd Annual General Meeting set for 14 September 2026 via video conferencing/audio-visual means.
• Company Secretary appointed for managing e-voting during AGM.

👔 Management Changes & Remuneration:

• Managing Director's remuneration revised with possible profit-linked commission, subject to shareholder approval.
• Whole-Time Director re-appointed for 3 years from May 2027, subject to shareholder approval.

📄 Compliance & Reporting Notes:

• Financials prepared as per Indian Accounting Standards (Ind AS) and reviewed by audit committee.
• No exceptional items or reportable deviations noted.

💡 Perception for Investors:

This announcement provides a transparent update on quarterly performance and strategic governance decisions. Profit growth indicates operational improvement, while remuneration and AGM scheduling show governance normalcy. Conducting AGM remotely reflects modern corporate practices.

Overall, the update represents regular operational and compliance information important for shareholders to stay informed on company progress and leadership decisions.