1. Appointment of M/s. Valawat & Associates Chartered Accountants as Internal Auditor of the Company for the financial year 2025-2026. 2. Appointment of M/s. Ronak Jhuthawat & Co, Peer ....
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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 Deep Diamond India Limited, at its meeting on May 28, 2025, approved the audited financial results for Q4 and the full year ended March 31, 2025, along with an unmodified (clean) opinion from the statutory auditors V R S K & Co. LLP. For FY25, total income stood at Rs. 223.94 lakh (vs Rs. 200.54 lakh in FY24), profit before tax jumped to Rs. 109.86 lakh (vs Rs. 57.68 lakh), and profit after tax nearly doubled to Rs. 86.07 lakh (vs Rs. 41.88 lakh), translating to EPS of Rs. 0.18 (vs Rs. 0.09). The company also appointed M/s. Valawat & Associates as Internal Auditor for FY 2025-26 and M/s. Ronak Jhuthawat & Co as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). Total assets were reported at Rs. 2,394.51 lakh with reserves and surplus of Rs. 1,753.90 lakh. No dividend was declared for the year.
A clean audit opinion and a sharp year-on-year rise in profits are positive signals for shareholders, while the new auditor appointments are routine governance items. With no major red flags in the auditor's report, the filing is largely neutral-to-positive for the stock, though the company's small scale (sub-Rs. 5 crore revenue) keeps it in micro-cap territory.