audited financial result has approved in board meeting held on today date 26h May 2025
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Santosh Fine Fab Ltd's board approved audited financial results for Q4 FY25 and FY25 on May 26, 2025. Total income for FY25 rose to Rs. 1,662.75 lakhs, up about 29% from Rs. 1,290.76 lakhs in FY24, driven mainly by stronger net sales (Rs. 1,657.99 lakhs vs Rs. 1,290.40 lakhs). The company operates in a single segment — manufacturing of Fabrics. The statutory auditor, Jhunjhunwala Jain & Associates LLP, issued an unmodified (clean) opinion on the standalone financial statements, with no qualifications or emphasis of matter. The board also approved new appointments: Sajjan Agarwal as Internal Auditor for FY26, Lalita Vijay Lath as Secretarial Auditor (5-year term), and re-appointed Jhunjhunwala Jain & Associates LLP as Statutory Auditor for a 5-year term, all subject to shareholder approval.
The ~29% revenue jump signals a strong recovery in the fabrics business after a weak prior year. With the company moving from a sizeable FY24 loss to a near break-even position in FY25, profitability is improving but not yet robust. The clean audit opinion and continuity of statutory auditors provide governance comfort, while the new auditor appointments will need shareholder nod at the upcoming AGM.