Based on the recommendation of Audit Committee, the Board has approved the re-appointment of M/s. R K D S & Associates, Chartered Accountant (Firm Registration Number: 0309091E), as the ....
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The company reported audited standalone revenue of Rs 22,853.42 lakhs for FY2026, marginally up from Rs 22,580.82 lakhs in FY2025. Standalone net profit declined 3.4% to Rs 355.31 lakhs (vs Rs 367.79 lakhs), while consolidated net profit fell 13.8% to Rs 456.18 lakhs due to a share of loss from joint venture. The Board recommended a dividend of Rs 0.20 per share (10% on face value Rs 2). Statutory auditors S K Agrawal & Co issued an unmodified (clean) opinion. The Board also appointed R K D S & Associates as internal auditor for FY2026-27. Cash flow from operations improved significantly to Rs 2,270.75 lakhs from Rs 1,208.76 lakhs in the prior year.
Profit decline and negative operating cash flow reduction signal financial stress, though clean audit and improved operating cash flow provide some comfort. The small dividend payout maintains shareholder returns despite reduced profitability.