Appointment of M/s. Aadesh Shah & Associates, Chartered Accountants as the Internal Auditor of the Company for FY 2025-26
FINKURVE · price
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Finkurve Financial Services' board approved audited results for Q4 and FY25, with statutory auditors P.D. Saraf & Co. issuing an unmodified opinion. Total income for FY25 rose to ₹14,105.90 lakhs from ₹9,026.69 lakhs last year, while profit after tax grew to ₹1,740.73 lakhs (₹1,607.13 lakhs in FY24), taking EPS to ₹1.37. Capital adequacy remained strong at 44.94% CRAR and Net Worth stood at ₹20,639.15 lakhs. The board also approved the grant of 3,06,223 stock options to eligible employees under the Finkurve ESOP 2018 and appointed M/s. Aadesh Shah & Associates as Internal Auditor for FY 2025-26. Additionally, Company Secretary Sunny Parekh resigned effective May 31, 2025, and Kajal Parmar was appointed in his place from June 1, 2025.
Strong FY25 results with ~56% revenue growth and healthy capital adequacy (44.94% CRAR) signal business expansion, though the ESOP grant may cause mild future dilution. The routine Company Secretary change is not material, and the new internal auditor appointment reflects standard governance practice.