Intimation for Appointment of M S K A & Associates, Chartered Accountants as Statutory Auditors of the Company from the conclusion of ensuing 70th AGM of the Company for the financial year ....
ELANTAS · price
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Elantas Beck India reported revenue of ₹21,654.52 lakhs for Q2 FY26, up about 18% from ₹18,357.32 lakhs in the same quarter last year, while net profit grew roughly 17% to ₹3,625.76 lakhs. For the nine months ended September 2025, revenue rose to ₹63,260.99 lakhs from ₹55,154.21 lakhs, but net profit was slightly lower at ₹10,841.41 lakhs versus ₹10,982.20 lakhs. The Engineering & Electronic Resins and Materials segment showed strong growth, with Q2 revenue jumping about 47% year-on-year. The Board approved the appointment of M S K A & Associates as the new statutory auditor for a five-year term (FY26–FY30), replacing Price Waterhouse Chartered Accountants LLP whose current term ends at the upcoming 70th AGM. The Board also approved revisions to the company's insider trading code and fair disclosure policy.
Strong top-line growth in Q2 and a healthy auditor rotation at the end of the existing term are positive signals for shareholders; the slight dip in nine-month profit is minor and unlikely to worry investors.