Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding Change in Auditors of the company.
BUTTERFLY · price
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Butterfly Gandhimathi Appliances Limited held its Board Meeting on May 11, 2026, and approved the audited standalone financial results for Q4 and FY ended March 31, 2026. The company reported annual revenue of Rs 94,315.30 Lakhs, up 9% from Rs 86,503.09 Lakhs in the previous year. Net profit for FY2026 stood at Rs 4,563.78 Lakhs, a strong growth of 40% compared to Rs 3,253.31 Lakhs in FY2025. Earnings per share improved to Rs 25.53 from Rs 18.20. The statutory auditor ASA & Associates LLP issued an unmodified (clean) opinion on the financial statements. The Board also re-appointed M/s. S. Mahadevan & Co as Cost Auditors, M/s. Ernst & Young as Internal Auditors, and M/s. ASA & Associates LLP as Tax Auditors for FY2027. The 39th AGM is scheduled for August 4, 2026.
Positive development for shareholders - the company delivered strong 40% profit growth with a clean audit opinion. The re-appointment of reputable auditors (including EY for internal audit) indicates standard governance. No material concerns for investors.