M/s. Veenit Pal & Associates, Company Secretary in practice has approved the appointment as Secretarial Auditor of the Company for a period of five consecutive years from F.Y. 2025-2026 ....
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The board of Golden Crest Education & Services Ltd, at its meeting on May 21, 2025, approved the audited financial results for Q4 and the full year ended March 31, 2025. For FY25, total income rose to Rs. 40.89 lakhs from Rs. 26.76 lakhs in FY24, and net profit jumped to Rs. 16.32 lakhs from Rs. 6.57 lakhs, with EPS at Rs. 0.31 versus Rs. 0.03 prior year. Q4 standalone net profit was Rs. 2.08 lakhs, sharply lower than Rs. 6.91 lakhs in Q4 FY24. The statutory auditor (Mohindra Arora & Co.) issued an unmodified opinion. The board also appointed M/s. Veenit Pal & Associates as the Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. The company confirmed it has no outstanding borrowings and is not applicable to the SEBI qualified borrowings circular.
Full-year profitability nearly tripled year-on-year, which is a positive signal for shareholders, though the sharp sequential drop in Q4 profit (likely due to higher other expenses) may temper enthusiasm. The appointment of a secretarial auditor is a routine compliance matter and unlikely to affect the stock price.