Appointment of M/s. S. V. Kulkarni and Associates as Secretarial Auditor of the Company for a period of 5 years commencing from the Financial Year 2025-26 until the Financial Year 2029-30.
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Aimco Pesticides' Board, at its May 29, 2025 meeting, approved the audited financial results for Q4 and FY ended March 31, 2025 (both standalone and consolidated), along with auditor-related appointments. On a standalone basis, FY25 revenue from operations stood at ₹19,730.70 lakhs versus ₹20,723.38 lakhs in FY24, and the company reported a net loss of approximately ₹738.57 lakhs (EPS of -₹7.70), though this is an improvement from the FY24 loss of ₹979.44 lakhs (EPS of -₹10.22). On a consolidated basis, FY25 revenue was ₹19,765.89 lakhs with a narrower loss per share of -₹7.55 (vs -₹10.48 in FY24). Cash from operations remained positive at ₹275.75 lakhs (standalone) with closing cash of ₹412.17 lakhs. The Board also re-appointed M/s. V.J. Talati & Co. as Cost Auditor for FY26 and appointed M/s. S.V. Kulkarni and Associates as Secretarial Auditor for a 5-year term (FY26 to FY30). The statutory auditor (CNK & Associates LLP) issued an unmodified opinion on the financials.
The company continues to post annual losses, though the loss has narrowed meaningfully year-over-year and operating cash flow stays positive, suggesting some operational improvement. The auditor appointments are routine governance items and unlikely to move the stock; investors will likely focus on whether the loss-narrowing trend continues into FY26.