Re-Appointment of Internal Auditors for the FY 2026-27.
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Everlon Financials Ltd (BSE: 514358) held its Board meeting on May 12, 2026, where it approved the audited financial results for Q4 and FY ended March 31, 2026. The company reported revenue from operations of ₹1,647.67 lakhs, up 25.6% from ₹1,311.42 lakhs in FY25. However, the company swung to a net loss of ₹665.67 lakhs compared to a profit of ₹118.87 lakhs in FY25. Total comprehensive loss was ₹1,384.29 lakhs versus income of ₹1,179.71 lakhs in the previous year. The statutory auditor B.L. Dasharda & Associates issued an unmodified (clean) opinion. The Board also re-appointed M/s. R. Thakkar and Co. as internal auditors for FY 2026-27.
The stock may face pressure due to the significant turnaround from profit to loss, despite revenue growth. The clean audit opinion provides some comfort on financial statement reliability. The sharp decline in profitability despite higher revenue warrants closer monitoring of the company's operations.