Re-appointment of M/s. A. Modi & Co., Chartered Accountants as the Internal Auditor of the Company for the FY 2026-27.
AERONEU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aeroflex Neu Limited (formerly Sah Polymers Ltd.) held its Board Meeting on May 8, 2026, approving the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported consolidated total income of Rs 13,418.45 lakhs (vs Rs 13,139.17 lakhs previous year) and consolidated profit after tax of Rs 175.13 lakhs, a significant jump from Rs 23.03 lakhs in the previous year. Standalone profit after tax improved to Rs 117.04 lakhs from Rs 17.31 lakhs. Cash position strengthened substantially with cash and equivalents at Rs 1,677.38 lakhs (vs Rs 378.91 lakhs). The Board also re-appointed M/s. A. Modi & Co., Chartered Accountants as Internal Auditor for FY 2026-27, as recommended by the Audit Committee. Statutory auditors H R Jain & Co. issued unmodified opinions on both standalone and consolidated financial statements.
The company showed strong profitability improvement with PAT growing over 7x year-over-year on consolidated basis. The clean audit opinion and strengthened cash position are positive indicators for shareholders. The re-appointment of the internal auditor maintains proper governance controls.