Appointment of Internal Auditor for the Financial Year 2026-27
GRMOVER · price
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GRM Overseas Ltd's Board of Directors met on May 29, 2026 and approved two items: (1) Audited Standalone and Consolidated Financial Results for Q4 and Financial Year ended March 31, 2026, and (2) Re-appointment of M/s Umang J & Co., Chartered Accountants as Internal Auditor for FY 2026-27. The consolidated results show total income of Rs 1,80,585.37 lakh (up 31% YoY) and net profit of Rs 7,434.20 lakh (up 21% YoY). The statutory auditors, Mehra Goel & Co., issued an unmodified opinion on the financial statements. The appointment is a routine re-appointment with no change in the internal auditor firm.
The re-appointment of the existing internal auditor indicates continuity in the company's internal audit framework. Strong financial results with 21% profit growth are positive for shareholders. The stock trades on BSE (Scrip: 531449) and NSE (Symbol: GRMOVER).