Disclosure attached for appointment of Internal Auditor (refer para 2 of the Outcome of Board Meeting attached herewith)
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported strong standalone performance for FY 2025-26 with revenue of Rs. 2,691 lakhs, more than tripling from Rs. 820 lakhs in the previous year. Standalone profit after tax grew 162% to Rs. 228.24 lakhs from Rs. 87.22 lakhs. However, on a consolidated basis, the company reported a loss of Rs. 1,028.60 lakhs (vs. profit of Rs. 301.71 lakhs) primarily due to a share of loss of Rs. 1,350.24 lakhs from associate BMD Private Limited. The Board declared unmodified audit opinion and appointed M/s. Sarat Jain & Associates as the new Internal Auditor for FY 2026-27, replacing the previous firm. The statutory auditor remains M/s. Doogar & Associates.
The standalone results show strong operational performance with significant revenue and profit growth, which is positive for the stock. However, the large consolidated loss due to the associate company's poor performance may concern investors as it impacts overall shareholder value.