Change in Senior Management Personnel with effect from May 16, 2025
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Duncan Engineering's board approved audited results for Q4 and FY25 with an unmodified auditor opinion. FY25 revenue rose about 30% to Rs. 8,471.35 lakhs (from Rs. 6,510.16 lakhs), but net profit fell to Rs. 521.07 lakhs from Rs. 687.38 lakhs, with EPS at Rs. 14.10 vs Rs. 18.60. Q4 revenue grew to Rs. 2,054.11 lakhs while Q4 profit was Rs. 125.16 lakhs. The board recommended a final dividend of Rs. 3.00 per share (30%), subject to shareholder approval at the AGM on July 24, 2025. Ms. Shanu Gupta was appointed as Company Secretary and Compliance Officer (KMP) effective May 16, 2025. S S Kothari Mehta & Co. LLP was re-appointed as statutory auditor for a second five-year term (till 2030), Pipalia Singhal & Associates was re-appointed as internal auditor for FY26, and Vaishnav Associates was appointed as secretarial auditor for five years.
Strong revenue growth signals business expansion, but the sharp drop in profit and EPS is a concern for shareholders despite the steady 30% dividend. The new KMP and stable auditor re-appointments suggest governance continuity with no leadership disruptions.