This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Appointment of cost auditors
Price
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Gayatri Sugars Limited held its Board Meeting on May 21, 2026, where audited financial results for Q4 and FY ended March 31, 2026 were approved. The statutory auditors, MOS & Associates LLP, issued their report with a Modified Opinion on the financial statements. The Board appointed Mrs. Sarita Danda as an Additional Director (Independent Category) for 5 years, subject to shareholder approval. M/s. Narasimha Murthy & Co., Cost Accountants were appointed as Cost Auditors for FY 2026-27, and M/s. PPKG and Co. were appointed as Internal Auditors for the same period. The Modified Opinion from auditors is a key concern as it indicates reservations about the financial statements.
The Modified Audit Opinion raises red flags for investors as it signals potential issues with financial reporting quality or going concern doubts. Appointment of new independent director and auditor changes may indicate management efforts to address governance or compliance concerns.
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Revenue | ₹243.8 Cr | ₹195.3 Cr | +24.9% |
| Operating profit | ₹46.23 Cr | ₹33.46 Cr | +38.1% |
| Profit after tax | ₹46.50 Cr | ₹38.85 Cr | +19.7% |
| EBITDA margin | 16.4% | 15.9% | +0.5 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.