Appointment of Secretarial auditor and Reappointment of Internal Auditor
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Aruna Hotels reported a strong turnaround in Q1 FY26 with net profit of Rs 137.42 lakhs compared to a loss of Rs 103.63 lakhs in Q1 FY25. Revenue from operations rose 7.7% to Rs 593.05 lakhs from Rs 550.66 lakhs. Total income grew to Rs 603.79 lakhs. The board appointed Ms. R. Vijayalakshmi as a new Independent (Non-executive) Director for a five-year term, and appointed Mr. B. Prabhakar as Secretarial Auditor for FY2025-26 to FY2029-30. Internal auditor M/s G S P U & Associates was re-appointed for FY2025-26. Independent Director Ms. Freeda Gnanaselvam Kanagiah retired at the end of her second five-year term in September 2025.
The sharp swing from loss to profit is positive for shareholders, though the absolute numbers are small relative to the Rs 33.9 crore equity base (EPS of just Rs 0.41). The board changes appear routine — a planned director retirement offset by a new independent director appointment and standard auditor renewals.