Announced Mon, 26 May · 18:40 IST

Re-appointment of internal auditor

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board approved standalone audited financial results for Q4 and FY ended March 31, 2025. FY25 revenue from operations rose about 7% to ₹44,271.74 lakhs, while net profit grew roughly 20% to ₹1,381.71 lakhs and basic EPS improved to ₹1.104 from ₹0.920. The company also reduced its debt-equity ratio sharply from 0.320 to 0.093, reflecting significantly lower borrowings. A final dividend of Re. 0.01 per share (1%) has been recommended for FY25, subject to shareholder approval. Additionally, Mr. Abhishek Mittal was re-appointed as internal auditor for FY26, and statutory auditor RPR & Co. issued an unmodified opinion.

Likely market impact

Positive — strong profit growth, deleveraging, and steady dividend signal improving fundamentals, though the dividend yield is minimal. The internal auditor re-appointment is routine and not a governance concern.