Financial Results for the quarter and half year ended 30th September, 2025
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The Board of Directors of Esaar (India) Ltd met on November 15, 2025 and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2025. The statutory auditors, B.L. Dasharda & Associates, issued a Limited Review Report with an unmodified (clean) opinion on these results. The company also confirmed the auditor's unmodified opinion via a separate declaration under SEBI Regulation 33(3)(d). Notably, the prior year (September 2024) results had been reviewed by a different (predecessor) audit firm, suggesting a recent change in statutory auditor. The results will be published in newspapers as required under SEBI listing rules.
A clean (unmodified) auditor opinion is a neutral-to-positive signal, suggesting no major accounting concerns were flagged. However, the apparent mid-year change of statutory auditor may warrant investor attention, as such changes can sometimes coincide with governance issues or disagreements.