Considered and Approved the Audited Financial Results along with the Auditor''s Report issued by the Statutory Auditors of the Company and declaration on Audit Reports with unmodified opinion ....
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The Board of Directors approved the audited financial results for Q4 and FY ended March 31, 2026, with an unmodified (clean) audit opinion from statutory auditors OP Bagla & Co LLP. Net profit before tax improved significantly to Rs. 127.51 Lakhs compared to Rs. 18.16 Lakhs in the previous year. The company operates in a single segment (Trading, leasing and others). Additionally, Mr. Chandrakesh Pal resigned as CFO and Whole-Time Director citing personal reasons, effective May 28, 2026. Mr. Sanjay Kumar Sharma was appointed as the new CFO with 27 years of experience. Ms. S. Sivagami was also appointed as Internal Auditor.
The clean audit opinion and strong profit growth are positive signals for shareholders. The CFO transition may cause short-term uncertainty but appears procedural as the company has appointed an experienced replacement immediately.