Appointment of Secretarial Auditor: The Board of Directors based on the recommendation of the Audit Committee, has approved the appointment of M/s. SARK & Associates LLP (earstwhile ....
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The Board approved audited standalone financial results for Q4 and FY ended March 31, 2025, with statutory auditors issuing an unmodified opinion. FY25 revenue from operations rose to ₹11,500.53 lakh (vs ₹8,366.04 lakh in FY24), and net profit grew to ₹2,415.56 lakh (vs ₹1,578.90 lakh), with EPS of ₹67.61 vs ₹44.19. Q4 standalone profit, however, dipped to ₹282.71 lakh from ₹578.70 lakh a year ago. The Board recommended a 15% final dividend (₹1.50 per share on ₹10 face value) for FY24-25, subject to shareholder approval. Additionally, it appointed M/s SARK & Associates LLP as Secretarial Auditor for 5 years (FY26-FY30), M/s S K Doshi & Associates as Internal Auditor for FY26, and M/s Aatish Dhatrak & Associates as Cost Auditor for FY26.
Strong full-year growth in revenue and profit along with a consistent dividend is positive for shareholders, though the weaker Q4 sequential performance may draw some attention. The auditor appointments are routine and signal continued governance discipline.