Appointment of M/s. GMJ & Associates, Practising Company Secretaries, as Secretarial Auditors of the Company for a period of 5 consecutive years subject to approval of members at the ensuing ....
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ASI Industries' Board approved audited financial results for Q4 and FY ended March 31, 2025. For the full year, revenue from operations rose to Rs. 15,476.56 lakhs (vs Rs. 14,469.23 lakhs in FY24), while profit after tax grew modestly to Rs. 2,544.92 lakhs (vs Rs. 2,511.06 lakhs), translating to an EPS of Rs. 2.83 (vs Rs. 2.79). Q4 FY25 saw revenue of Rs. 4,780.66 lakhs but PAT fell to Rs. 888.98 lakhs from Rs. 1,246.62 lakhs a year ago. The Board recommended a dividend of Re. 0.40 (40%) per share on a Re. 1 face value, subject to shareholder approval. Additionally, M/s. GMJ & Associates, Practicing Company Secretaries (Mumbai-based, peer-reviewed by ICSI), was appointed as Secretarial Auditor for a 5-year term (FY26 to FY30). Statutory auditors B.L. Ajmera & Co. issued an unmodified audit opinion.
Steady full-year revenue and earnings growth plus a 40% dividend should be viewed positively by income-seeking shareholders, though the sharp Q4 PAT dip and negative operating cash flow are points to watch. The appointment of a reputed secretarial auditor is routine and signals governance continuity with no negative implications.