Submission of information related to the appointment of secretarial auditor and internal auditor under reg 30of the SEBI (LODR) reg 2015
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Crane Infrastructure Limited's board, at its meeting on 29-May-2025, approved the audited financial results for Q4 and full year ended 31-March-2025. It appointed K.Srinivasarao & Nagaraju Associates as secretarial auditor for a first term of five years (FY 2025-26 to FY 2029-30), subject to shareholder approval, and re-appointed Sri V.V.A.SeshaGiri Rao as internal auditor for FY 2025-26. FY25 revenue from operations stood at Rs. 137.12 lakhs, sharply lower than Rs. 353.11 lakhs in FY24, while net profit fell to Rs. 66.36 lakhs from Rs. 144.97 lakhs, with diluted EPS at Rs. 0.92 versus Rs. 2.00. Total assets were Rs. 3,050.59 lakhs with virtually debt-free books, and cash flow from operations turned positive at Rs. 31.96 lakhs versus a Rs. 193.28 lakhs outflow last year. The statutory auditor (Pundarikashyam and Associates) issued an unmodified opinion, and the company confirmed no loan or debt defaults.
Routine governance update with no senior management or auditor exits. However, the steep year-on-year drop in revenue and profit is a negative earnings signal that shareholders should weigh against the improved cash position and clean audit report.