Walchand Peoplefirst Limited approved the alteration of the memorandum of association and articles of association of the company pursuant to the Companies Act, 2013, at its board of directors meeting held on May 10, 2019.

The company announced audited standalone financial results for the fourth quarter and year ended March 31, 2019. For the quarter, the company's total revenue was INR 58.400 million against INR 81.933 million a year ago. Loss after tax was INR 7.081 million against profit of INR 3.715 million a year ago. Basic loss per share was INR 2.44 against earnings per share of INR 1.28 a year ago.

For the year, the company's total revenue was INR 269.523 million against INR 281.650 million a year ago. Profit after tax was INR 8.915 million against profit of INR 21.144 million a year ago. Basic loss per share was INR 3.07 against earnings per share of INR 7.28 a year ago.