Announced Fri, 30 May · 19:37 IST

Intimation for appointment of Internal Auditor, Secretarial Auditor and approval of financial results

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board approved audited financial results for Q4 and full year ended March 31, 2025. Full-year revenue from operations surged to Rs. 2,609.61 lakhs from just Rs. 243 lakhs in FY24, while net profit jumped to Rs. 283.01 lakhs (EPS Rs. 3.43) versus Rs. 17.31 lakhs (EPS Rs. 1.53) previously. Total assets expanded dramatically to Rs. 5,530.52 lakhs from Rs. 97.47 lakhs, supported by a preferential allotment of 1.58 crore shares at Rs. 18 each to existing shareholders. The board also appointed M/s. Jitendra Parmar & Associates as Secretarial Auditor for FY24-25 and M/s. J D S Associates as Internal Auditor for FY25-26. Statutory auditor DGMS & Co. issued an unmodified (clean) opinion on the results.

Likely market impact

The tenfold revenue jump and strong profit growth reflect a major scale-up in operations, though the very low base and preferential share issuance mean new shareholders should watch sustainability closely. Routine auditor appointments and a clean audit opinion are neutral-to-positive governance signals with no immediate price impact.