Evans Electric News

Evans Electric CFO Resigns to Pursue CA Studies

Evans Electric Limited announces resignation of Chief Financial Officer Prathamesh Wadekar effective February 28, 2026, as he pursues Chartered Accountancy Final program studies.

Counter Cyclical Investments increases stake in Evans Electric

Counter Cyclical Investments Private Limited acquired 22000 additional shares in Evans Electric Limited through open market purchase, increasing its shareholding from 5.34% to 5.74%.

Counter Cyclical Investments crosses 5% stake in Evans

Counter Cyclical Investments Private Limited acquired additional 9,000 shares in Evans Electric Limited on January 19, 2026, increasing its total shareholding to 5.16% and triggering mandatory disclosure requirements.

Evans Electric Reports 32.07 Lakh Net Profit for Half-Year Ended September 2025

Evans Electric Limited reported a net profit of 32.07 lakh for the half-year ended September 30, 2025, compared to 659.14 lakh in the previous period. Net sales decreased to 687.06 lakh from 2061.89 lakh in the prior period. The company's basic earnings per share stood at 0.58 compared to 19.06 in the previous period. Total income from operations was 695.75 lakh versus 2070.58 lakh previously. The Board of Directors approved the unaudited half-yearly financial results and reviewed the Internal Audit Report for the period. Cash and cash equivalents increased significantly to 893.80 lakh from 47.35 lakh. The company operates in the heavy electro-mechanical repairs segment and is listed on the SME platform of BSE.