ENCLSOED HEREWITH APPOINTMENT DISLCLOSURE
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Awaiting price reaction for this filing.
Groarc Industries India Ltd (formerly Telesys Info-Infra) held its board meeting on May 19, 2025 and approved audited financial results for Q4 and the full financial year ended March 31, 2025. For FY25, the company reported total income of Rs 3,539.94 lakhs with profit before tax of Rs 116.44 lakhs (up sharply from Rs 30.51 lakhs in FY24) and net profit of Rs 87.04 lakhs, translating to an EPS of Rs 0.43. Cash and equivalents at year-end stood at Rs 1,994.40 lakhs versus Rs 1,624.24 lakhs the prior year. The Board also appointed M/s Ramesh Chandra Mishra & Associates as Secretarial Auditor for a 5-year term (FY26–FY30) and Mr. Umang Shah as Internal Auditor for FY26. The statutory auditor (Venkat & Rangaa LLP) issued an unmodified opinion on the results.
This is a routine compliance filing covering annual results and standard auditor appointments. The improved profitability is mildly positive for shareholders, but revenue dipped slightly and the stock is unlikely to react materially to this disclosure.