Appointment of Internal Auditor and Secretarial Auditor for FY 2025 - 26
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Awaiting price reaction for this filing.
Amrapali Fincap's board met on May 26, 2025 and approved audited financial results for the half year and full year ended March 31, 2025, along with an unmodified (clean) auditor's opinion. The company appointed M/s. S P Thakker & Associates, Chartered Accountants (Ahmedabad), as Internal Auditor and CS Bhumika Vipulkumar Ranpura, Practicing Company Secretary, as Secretarial Auditor, both for FY 2025-26. For FY25, total income rose to Rs. 2,735.10 lakhs from Rs. 2,305.41 lakhs in FY24, while net profit improved to Rs. 32.20 lakhs from Rs. 7.50 lakhs. EPS stood at Rs. 0.26 versus Rs. 0.05 the prior year, with total assets at Rs. 14,928.90 lakhs.
Clean audit opinion and stronger FY25 earnings (profit up over 4x year-on-year) are positive signals for shareholders, while the new auditor appointments are routine governance actions and unlikely to move the stock materially.