Announced Wed, 29 Jul · 19:03 IST
Chemfab Alkalis appoints MSKA and Associates as new statutory auditor for 5 years
CHEMFAB · price
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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹377.00
prior close
₹382.00
base price
After-mkt
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AI summary
Board approved Q1 FY27 results: standalone revenue Rs 73.02 cr, net profit Rs 4.83 cr versus Rs 5.39 cr YoY. PVC-O Pipes segment revenue fell sharply to Rs 5.75 cr from Rs 38.70 cr. Also appointed MSKA and Associates as statutory auditor for 5 years, replacing Deloitte Haskins and Sells whose term ended.
Likely market impact
Routine auditor rotation after previous auditor's term expired. Q1 profit weaker, mainly due to a steep fall in PVC-O Pipes segment revenue.