POCL Enterprises Acquires 51% TMA Stake, Proposes Auditor Replacement

Q1 FY27 revenue rose 25% YoY to ₹466.0 crore, but standalone PAT fell 51% to ₹5.7 crore and consolidated PAT declined 46% to ₹6.2 crore. POEL acquired 51% of Trichy Metals and Alloys for ₹12.5 crore. Statutory auditor CNGSN resigned over commercially unviable fees, with no other concerns reported.