DIC India Limited has informed the Exchange regarding Change in Auditors of the company.
DICIND · price
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Awaiting price reaction for this filing.
DIC India reported FY25 total revenue from operations of Rs. 89,178.85 lakhs, marginally up from Rs. 88,152.89 lakhs in FY24, while net profit declined to Rs. 1,737.66 lakhs (from Rs. 1,953.90 lakhs) and EPS came in at Rs. 18.93 vs Rs. 21.29. The board recommended a final dividend of Rs. 3 per equity share (face value Rs. 10), with record date March 16, 2026, subject to shareholder approval. Statutory auditor Price Waterhouse Chartered Accountants LLP issued an unmodified opinion, confirming a clean audit. M/s. Chandra Wadhwa & Co was appointed as Cost Auditor for FY26, and Mr. Adnan Wajhat Ahmad was proposed for reappointment as Independent Director for a second 3-year term from April 1, 2026. The 78th AGM is scheduled for March 23, 2026 via video conferencing.
Modest top-line growth but profit dip of around 11% year-on-year, partly dragged by a one-time Rs. 236.45 lakh exceptional charge from new labour codes. The Rs. 3 dividend signals steady but conservative shareholder returns; no governance red flags as the statutory auditor continues with a clean report.