Re-appointment of Internal Auditors
DUCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ducon Infratechnologies Limited has re-appointed N H S & Associates, Chartered Accountants, as the Internal Auditor for 3 years (April 1, 2026 to March 31, 2029). This appointment was approved by the Board based on the Audit Committee's recommendation under Section 138 of the Companies Act, 2013. The filing also includes audited Q4 and full-year FY26 financial results. Consolidated revenue for FY26 stood at Rs 41,939.67 lakhs (down from Rs 45,063.07 lakhs in FY25), with net profit of Rs 1,098.46 lakhs (down from Rs 1,354.87 lakhs). Standalone Q4 revenue was Rs 5,562.04 lakhs with net profit of Rs 18.46 lakhs. Statutory auditors Hitesh Shah & Associates issued an unmodified opinion on the financial statements.
The re-appointment of the same internal auditor indicates continuity in internal audit oversight without disruption. However, the year-on-year decline in both standalone and consolidated profits may concern investors, though the company's balance sheet remains stable with total equity of Rs 16,604.64 lakhs on a consolidated basis.