EPACK Durable Limited has informed the Exchange regarding Change in Auditors of the company.
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EPACK Durable's board, at its May 27, 2025 meeting, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Consolidated revenue from operations grew strongly to Rs 2,17,087 lakhs in FY25 from Rs 1,41,956 lakhs in FY24, while consolidated profit for the year rose to Rs 5,514 lakhs from Rs 3,537 lakhs, with EPS at Rs 5.75 vs Rs 4.35. Statutory auditor Deloitte Haskins & Sells issued an unmodified (clean) opinion on the results. The board also appointed M/s. SBYN & Associates LLP as the new Secretarial Auditor for a five-year term covering FY26 to FY30. Additionally, the company increased its stake in joint venture Epavo Electricals to 50% during the year, though Epavo contributed a share of loss of Rs 301 lakhs.
Strong FY25 results with revenue up ~53% and profit up ~56% year-on-year, along with a clean audit opinion, are positive signals for shareholders. The change in secretarial auditor is a routine compliance matter and not a governance red flag. The continued losses at joint venture Epavo are a minor watchpoint, but the overall results support a constructive view on the stock.