Artificial Electronics appoints Girija Sankar Tripathy as new CFO

Artificial Electronics appoints Girija Sankar Tripathy as new CFO


Artificial Electronics Intelligent Material has appointed Girija Sankar Tripathy as its Chief Financial Officer (CFO) with effect from 3 June 2026.

Tripathy is a finance professional with over 15 years of experience in budgeting, financial planning, corporate reporting, management information systems (MIS), and financial control across large-scale manufacturing organisations. He also possesses expertise in cost management and product costing, helping businesses improve operational efficiency and profitability.

Throughout his career, he has successfully led project management initiatives, strengthened internal control frameworks, and driven process improvement programmes to enhance financial governance, analytical capabilities, and decision-making effectiveness.

He is recognised for his ability to collaborate closely with senior management and business leaders, providing actionable financial insights, optimising reporting processes, and aligning financial strategies with organisational objectives to support sustainable growth and value creation.

 

Separately, the company announced the resignation of Muthusamy Palanisamy from the position of Chief Financial Officer, effective 3 June 2026.

According to the company, the resignation is part of a broader restructuring and reorganisation of management functions at the group level, following decisions taken by the board of directors.

Artificial Electronics Intelligent Material is engaged in the business of developing & providing software consultancy services.

The company reported a consolidated net profit of Rs 11.92 crore in Q4 FY26, compared with Rs 0.53 crore in the corresponding quarter of the previous fiscal. Revenue from operations surged to Rs 46.01 crore in Q4 FY26 from Rs 4.11 crore reported in Q4 FY25.

The counter shed 0.26% to end at Rs 114.75 on the BSE.

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Artificial Electronics appoints Girija Sankar Tripathy as new CFO

INR settles lower as prolonged West Asia crisis poses a major risk for India; RBI eyed


The Indian rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. The prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of India’s MPC rate decision on June 5, as inflation, growth and the rupee are under focus. The six-member MPC, headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5. Indian equity benchmarks ended flat but resilient today, recovering from early intraday losses. The NSE Nifty 50 closed marginally higher by 10.95 points (0.05%) at 23,416.55, while the BSE Sensex inched up 13.84 points (0.02%) to finish at 74,360.01. The primary catalysts for the market recovery were breaking news of potential tax concessions for foreign institutional investors (FIIs) and tentative signs of easing in global geopolitical tensions.

 

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First Published: Jun 04 2026 | 5:16 PM IST



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Artificial Electronics appoints Girija Sankar Tripathy as new CFO

Atvo Enterprises standalone net profit rises 150.00% in the March 2026 quarter


Sales rise 62.09% to Rs 2.48 crore

Net profit of Atvo Enterprises rose 150.00% to Rs 0.05 crore in the quarter ended March 2026 as against Rs 0.02 crore during the previous quarter ended March 2025. Sales rose 62.09% to Rs 2.48 crore in the quarter ended March 2026 as against Rs 1.53 crore during the previous quarter ended March 2025.

For the full year,net profit rose 90.91% to Rs 0.21 crore in the year ended March 2026 as against Rs 0.11 crore during the previous year ended March 2025. Sales rose 34.38% to Rs 5.98 crore in the year ended March 2026 as against Rs 4.45 crore during the previous year ended March 2025.

 ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales2.481.53 62 5.984.45 34 OPM %-5.24-12.42 -7.86-12.13 PBDT0.080.04 100 0.300.16 88 PBT0.070.03 133 0.290.15 93 NP0.050.02 150 0.210.11 91

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First Published: Jun 04 2026 | 5:16 PM IST



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Artificial Electronics appoints Girija Sankar Tripathy as new CFO

Vibhor Steel Tubes board approves incorporation of subsidiary in Haryana


At meeting held on 04 June 2026

The board of Vibhor Steel Tubes at its meeting held on 04 June 2026 has approved the incorporation of a wholly owned subsidiary – Viyom Steel Infra.

The proposed wholly owned subsidiary company to be incorporated in Hisar, Haryana India, and shall carry on the business of specialized
manufacturer of high-quality steel products exclusively serving the infrastructure sector including but not limited to transmission towers,
monopoles, crash barriers, octagonal poles, High Mast Poles. Pre-Fab Structures etc.).

 

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First Published: Jun 04 2026 | 4:51 PM IST



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Artificial Electronics appoints Girija Sankar Tripathy as new CFO

Innovision bags toll collection and maintenance contract worth Rs 26.35 cr


Innovision has received a Letter of Award (LoA) /work order engagement valued at Rs 26.35 crore of user fee agency on the basis Competitive Bidding for Mundiyar Fee Plaza at Km 1217.725 from Baran Shivpuri Section from Km 1184.322 to 1251. 814 on New NH-27 in the state of Madhya Pradesh and upkeep/ maintenance of adjacent Toilet Blocks including recouping the consumable items.
 

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First Published: Jun 04 2026 | 4:50 PM IST



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Artificial Electronics appoints Girija Sankar Tripathy as new CFO

Monarch Surveyors bags Rs 2-cr DPR contract from Maharashtra Maritime Board


Monarch Surveyors and Engineering Consultants announced that it has secured a Letter of Acceptance (LoA) from the Maharashtra Maritime Board for a contract worth Rs 2.17 crore.

The order entails the preparation of a Detailed Project Report (DPR) for the proposed Marine Shipyard Cluster (MSC) at Dighi in Raigad district, Maharashtra. The scope of work also includes geotechnical investigation and topographic survey services for the project.

The company said the contract is subject to obtaining the necessary approvals from relevant government authorities and will be executed in accordance with the terms specified in the Letter of Acceptance. The contract has been awarded on a cash consideration basis.

 

The company further clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.

Monarch Surveyors provides end-to-end consultancy services for infrastructure projects, including survey, design, and technical supervision for roads, railways, metros, town planning, geospatial mapping, land acquisition, water, transmission lines, pipelines, and other civil engineering sectors. The company reported a 16.1% rise in standalone net profit to Rs 34.83 crore, on a 10.5% increase in revenue to Rs 154.14 crore in FY25 compared with FY24.

The counter rallied 4.97% to Rs 218.45 on the BSE.

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First Published: Jun 04 2026 | 4:50 PM IST



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