Appointment of Makarand M. Joshi & CO. as Secretarial Auditors
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited financial results for Q4 and FY25. Total income for FY25 rose to Rs. 23,704 lakhs from Rs. 22,956 lakhs in FY24, while profit after tax stood at Rs. 2,875 lakhs versus Rs. 2,971 lakhs last year. Q4 PAT improved to Rs. 912 lakhs from Rs. 744 lakhs a year ago. Statutory auditors Sharp & Tannan issued an unmodified opinion. The board declared an interim dividend of Rs. 5 per share (50%) with May 2, 2025 as the record date. Additionally, Makarand M. Joshi & Co. was appointed as secretarial auditors for a five-year term from FY26 to FY30, subject to shareholder approval.
Positive near-term signal for shareholders due to the interim dividend and clean audit opinion, though the slight dip in full-year PAT vs FY24 may temper sentiment. The secretarial auditor appointment is routine and requires shareholder nod at the upcoming AGM.