Intimation of Appointment of Cost Auditor and Secretarial Auditor
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Danlaw Technologies India announced the outcome of its board meeting held on August 13, 2025. The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), with revenue from operations rising to Rs. 6,237.25 lakhs from Rs. 5,505.49 lakhs in the same quarter last year, a growth of about 13%. However, profit after tax fell to Rs. 346.57 lakhs from Rs. 487.07 lakhs, and basic EPS dropped to Rs. 7.72 from Rs. 13.38. The board also appointed M/s. Sagar & Associates as Cost Auditor for FY 2025-26 and M/s. B V Saravana Kumar as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30, subject to shareholder approval.
Mixed quarter with revenue growth but a notable decline in profits — shareholders may watch margins closely. The auditor appointments are routine compliance matters and unlikely to impact the stock.