BSLNSEBSL Limited· Textile ProductsMediumNeutral
Announced Tue, 19 May · 16:57 IST

BSL Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

BSL · price

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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹123.00
prior close
₹121.50
base price
After-mkt
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AI summary

BSL Limited's Board Meeting on May 19, 2026 approved the audited financial results for Q4 and FY ended March 31, 2026. The company reported total revenue of Rs 65,703.57 Lacs for FY26, slightly lower than Rs 66,706.05 Lacs in the previous year. Profit after tax declined significantly to Rs 237.62 Lacs from Rs 815.77 Lacs in FY25, with Basic/Diluted EPS dropping to Rs 2.31 from Rs 7.93. The Board did not recommend any dividend for FY25-26. The company appointed M/s S.N. Lathi & Co. as Internal Auditors and re-appointed M/s N.D. Birla & Co. as Cost Auditors for FY 2026-27. Statutory audit continues to be performed by M/s SSMS & Associates with an unmodified opinion.

Likely market impact

The significant decline in profitability and EPS, combined with no dividend, may concern investors. The appointment of new internal auditors suggests routine change rather than any accounting concerns, as the statutory auditors remain unchanged with a clean audit opinion.