Albert David Limited has informed the Exchange about General Updates regarding re-appointment of Cost Auditors for F.Y 2025-26.
ALBERTDAVD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Albert David Limited's board met on May 13, 2025 and approved audited financial results for Q4 and FY ended March 31, 2025 with an unmodified audit opinion from M/s. L. B. Jha & Co. FY25 revenue from operations stood at Rs. 34,576.80 lakhs, down from Rs. 36,246.17 lakhs in FY24, while net profit dropped sharply to Rs. 1,720.08 lakhs from Rs. 7,542.01 lakhs. The board recommended a final dividend of Rs. 5 per share (50%) on Rs. 10 face value, subject to shareholder approval, with July 25, 2025 set as the record date. The 86th AGM is scheduled for August 2, 2025 via video conferencing. PricewaterhouseCoopers Services LLP was re-appointed as Internal Auditor and S. Gupta & Co. as Cost Auditor for FY 2025-26, while MKB & Associates was appointed as Secretarial Auditor for a 5-year term.
Despite the sharp year-on-year decline in profits, the unchanged dividend signals management confidence in cash flows. Routine auditor re-appointments suggest stable governance with no red flags. Investors should note the steep earnings drop in FY25 as the primary concern.