The Board has approved the appointment of Purnesh R. Mehta & Co, Chartered Accountant as the Internal Auditor for the financial year 2026-2027
GANESHHOU · price
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Ganesh Housing Limited's Board meeting on May 29, 2026 approved audited financial results for Q4 and FY ended March 31, 2026. Standalone FY26 net profit declined significantly to Rs. 3,571.44 lakh from Rs. 38,044.98 lakh in FY25, while consolidated net profit fell to Rs. 31,625.81 lakh from Rs. 59,806.00 lakh. The Board recommended a dividend of Rs. 1.50 per equity share (15%) for FY25-26, payable within 30 days of shareholder approval at the 35th AGM scheduled for September 11, 2026. The company appointed Purnesh R. Mehta & Co., Chartered Accountants as Internal Auditor and J.B Mistri & Co., Cost Accountants as Cost Auditor for FY 2026-27. Statutory auditors J.M Parikh & Associates issued unmodified opinions on both standalone and consolidated financial results.
The significant profit decline year-over-year may concern investors, though the dividend recommendation and clean audit opinion provide some stability. Shareholders should note the September 2026 AGM date for dividend approval.