Announced Sat, 30 May · 18:43 IST

Appointment of internal auditor

Business Updates View source PDF

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AI summary

Amrapali Industries Ltd held a Board meeting on May 30, 2026, where the Board approved the audited financial results for the half year and year ended March 31, 2026. The company also appointed M/s. S P Thakker & Associates, Chartered Accountants, Ahmedabad as Internal Auditors for Financial Year 2026-27. The statutory auditors (B B Gusani & Associates) issued an unmodified opinion on the financial results with no qualifications. Key figures show total income of approximately Rs 18.02 crore for the year. Net profit from continuing operations improved significantly to Rs 77.89 Lakhs compared to Rs 30.57 Lakhs in the previous year. EPS stood at Rs 1.73 per share. The company operates in a single reportable business segment.

Likely market impact

Neutral for shareholders. The appointment of a new internal auditor is a routine governance matter. Clean audit opinion with no qualifications is positive, indicating reliable financial reporting. Improved profitability year-on-year is a encouraging sign.