Appointment of Internal Auditor & Secretarial Auditor
COMFINTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Comfort Intech reported its FY25 audited results (standalone and consolidated) along with several governance updates. Standalone revenue came in at Rs. 17,971 lakhs with profit after tax of Rs. 790 lakhs (up from Rs. 718 lakhs last year), while consolidated profit after tax fell to Rs. 1,151 lakhs from Rs. 1,708 lakhs. The board recommended a final dividend of Rs. 0.07 per share (7%) subject to shareholder approval. M/s. AHSP & Co. LLP was appointed as Internal Auditor for FY26, and M/s. Mitesh J. Shah & Associates was appointed as Secretarial Auditor for a five-year term. Company Secretary and Compliance Officer Mrs. Rachana Hingar resigned, and Mr. Omkar M. Mistry was appointed in her place. The statutory auditor issued an unmodified opinion on the results.
Modest earnings growth on a standalone basis but a notable decline in consolidated profit makes the results mixed; the small 7% dividend is unlikely to drive significant shareholder interest. The change in Company Secretary is a routine KMP transition but worth noting for governance watchers.