Intimation of appointment of Internal Auditor and Secretarial Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors met on May 23, 2025 and approved audited financial results for Q4 and the full year ended March 31, 2025, along with the statement of assets and liabilities and the cash flow statement. Statutory auditor CSVR & Associates issued an unmodified (clean) opinion on the results. The Board also appointed Ramana Reddy & Associates, Chartered Accountants as Internal Auditor for FY 2025-26 and M/s. B V Saravana Kumar, Practicing Company Secretary as Secretarial Auditor for FY 2024-25. For the full year, revenue from operations stood at about Rs. 21,098 lakhs (slightly lower than Rs. 21,934 lakhs in FY24), while profit for the year was around Rs. 1,892 lakhs versus Rs. 2,222 lakhs in the previous year, indicating a modest decline in bottom-line. Other income dropped sharply from Rs. 6,752 lakhs in FY24 to about Rs. 28 lakhs in FY25.
Routine governance update with a clean audit opinion, which is a positive signal on financial reporting quality. The new auditor appointments are standard annual compliance items and unlikely to move the stock. Investors should focus on the modest YoY decline in operating revenue and profit and the steep drop in other income as the key points from the results.