Approval of Shareholders of Appointment of Secretarial Auditor for the FY 2025-26 and 2029-30 and Internal Auditor for the FY 2025-26.
Awaiting price reaction for this filing.
Vadilal Dairy International Ltd's board, at its meeting on 30 May 2025, approved audited financial results for Q4 and FY ended 31 March 2025. Standalone revenue from operations rose to ₹2,708.68 lakhs in FY25 from ₹2,545.98 lakhs in FY24, a growth of about 6.4%. The company reported a reduced net loss of ₹88.87 lakhs for FY25 versus ₹178.05 lakhs in FY24, and turned profitable in Q4 FY25 with a PAT of ₹119.09 lakhs. Statutory auditors PVM & Co. issued an unmodified opinion on the financials. The board also appointed M/s. SG & Associates (led by Mr. Suhas Ganpule) as Secretarial Auditor for FY 2025-26 to FY 2029-30, subject to shareholder approval, and Mrs. Anagha Raut as Internal Auditor for FY 2025-26.
Routine auditor appointments with no governance red flags; improving revenue and narrowing losses are mildly positive signals for shareholders, though the company remains loss-making on a full-year basis.