Appointment of Internal Auditors For the Financial Year 2026-27
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IIRM Holdings India Ltd reported strong FY2026 consolidated results with revenue growing 14.9% to ₹25,215 lakhs and net profit after tax rising 12.7% to ₹2,437 lakhs. The company operates in professional & consultancy services (20%) and direct/re-insurance services (80%), with operations primarily in India (96%). Standalone results showed even stronger growth with revenue up 44.9% to ₹529 lakhs and PAT growth of 23.4% to ₹94 lakhs. The Board approved appointment of M/s B Venkata Chandu & Associates as Internal Auditors for FY2026-27 and Ms. Vempala Sri Lakshmi as Company Secretary & Compliance Officer. Statutory auditors Seshachalam & Co. issued an unmodified (clean) opinion on both standalone and consolidated financial results. However, consolidated operating cash flow turned significantly negative at ₹-3,547 lakhs due to large increases in non-current financial assets and trade receivables.
Revenue and profit growth indicate healthy business performance, but the negative operating cash flow despite profit is a concern for shareholders as it suggests working capital pressures or heavy investment activities that may impact future dividends or liquidity.