Appointment of Ost Auditors of the Company for the FY 26-27
HPIL · price
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The Board of Directors of Hindprakash Industries Ltd approved the appointment of M/s. A.G Tulsian & Co., Cost Accountants (Firm Registration No: 100629), as Cost Auditor for FY 2026-27 at an annual remuneration of Rs. 60,000/-. The company also reported audited standalone financial results for Q4 and FY ended March 31, 2026. Full-year revenue from operations stood at Rs. 12,167.59 Lakhs (up from Rs. 10,225.04 Lakhs in FY 2024-25), with net profit after tax of Rs. 274.64 Lakhs (vs Rs. 164.43 Lakhs previous year), representing a 67% increase. The statutory auditors M/s. K K A K & Co issued an unmodified opinion on the financial statements. This is a routine annual appointment of a Cost Auditor required under the Companies Act, not a change in statutory auditors.
The appointment of a cost auditor is a routine compliance requirement and has no direct impact on the stock. The strong profit growth (67% YoY) in FY 2025-26 is a positive signal for investors.