Pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, we are pleased to submit the Audited Standalone and Consolidated Financial Results along with Auditors' Report thereon ....
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D & H India Limited's board, at its meeting on 29 May 2025, approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2025. Statutory auditor M/s Devpura Navlakha & Co. issued an unmodified (clean) opinion with no qualifications on both the standalone and consolidated results. The auditor flagged the cessation of the company's foreign subsidiary D&H Middle East FZE (which ceased to exist in May 2024) as a Key Audit Matter and emphasis-of-matter disclosure, but confirmed the opinion is not modified in respect of it. The remaining subsidiary, V & H Fabricators Pvt. Ltd. (wholly-owned Indian), contributed total assets of Rs. 157.96 lakhs and a small net loss of Rs. 0.03 lakhs. The board also appointed M/s D K Jain & Co. as Secretarial Auditor for 5 years starting FY 2025-26 and M/s Mahesh C Solanki as Internal Auditor for FY 2025-26.
A clean audit opinion with no qualifications is positive for shareholders. The closure of the loss-making Middle East subsidiary may simplify the group's structure and reduce foreign exposure, though the financial impact numbers for the parent company itself are not disclosed in this filing.