The Board considered and approved the appointment of internal auditors
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The board approved audited financial results for Q4 and full year ended 31 March 2025. Total revenue grew to Rs. 107.36 lakhs from Rs. 100.06 lakhs, and the company swung back to a profit after tax of Rs. 6.60 lakhs versus a loss of Rs. 2.77 lakhs in FY24. Operating cash flow turned strongly positive at Rs. 48.05 lakhs (vs negative Rs. 4.12 lakhs last year), and cash on hand rose to Rs. 52.13 lakhs. The statutory auditor issued an unmodified (clean) opinion on the results. The board also appointed M/s Srimal Jain & Co. as internal auditor for FY26 and approved related party transactions for the second half of FY25, though it could not finalise a secretarial auditor and deferred that decision to the next meeting.
A clean audit opinion and a return to profitability with positive operating cash flow are positive for shareholders, though the deferral of the secretarial auditor appointment is a minor governance red flag. Overall, the results signal improving business health with very low leverage.