Board approved re-appointment of Internal Auditor, Cost Auditor and Branch Auditor.
BEEKAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Beekay Steel Industries Ltd held its Board meeting on May 15, 2026, where it approved the audited standalone and consolidated financial results for Q4 and FY 2025-26. The company reported standalone revenue of Rs. 11,750.43 Lakhs, up from Rs. 10,715.35 Lakhs in the previous year. However, profit after tax declined significantly to Rs. 3,773.55 Lakhs from Rs. 9,042.13 Lakhs in FY 2024-25. The Board recommended a dividend of Rs. 1 per equity share (10% on Rs. 10 face value), subject to shareholder approval. All three auditors were re-appointed for FY 2026-27: S. Jaykishan (Internal), Somnath Roy & Associates (Cost), and S.K. Agrawal and Co (Branch). Statutory auditors issued unmodified opinions on both standalone and consolidated financials.
The company shows revenue growth but a sharp 58% decline in net profit year-over-year, which may concern investors. The re-appointment of all auditors signals continuity in governance. The modest dividend offers some investor compensation despite lower profitability.