Capacite Infraprojects Limited has informed the Exchange regarding Change in Auditors of the company.
CAPACITE · price
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Awaiting price reaction for this filing.
Capacit'e Infraprojects reported its Q1 FY26 (quarter ended June 30, 2025) financial results. On a standalone basis, revenue from operations fell about 8% year-on-year to Rs. 50,621.74 lakhs, while net profit dropped roughly 23% to Rs. 4,052.50 lakhs, bringing EPS to Rs. 4.79 (vs Rs. 6.22 a year ago). On a consolidated basis, revenue grew about 3% to Rs. 58,935.83 lakhs but net profit declined to Rs. 4,699.17 lakhs. The board approved the re-appointment of M/s. S Dayma & Co as internal auditor for Q1 FY26 and appointed Ernst & Young LLP as internal auditor for the remaining period up to March 31, 2026. The statutory auditor M S K A & Associates issued a qualified limited review, flagging concerns over a Rs. 1,155.93 lakh receivable from one party and Rs. 6,361.76 lakhs of long-pending trade receivables/contract assets under legal recovery.
Weak Q1 performance with sharp profit decline on a standalone basis may pressure the stock in the short term, though the appointment of a Big-4 internal auditor (EY) signals a governance upgrade. Investors should watch the status of the qualified auditor remark on the Rs. 1,155.93 lakh receivable, as it remains unresolved.