INNOVACAPNSEInnova Captab LimitedMediumNeutral
Announced Mon, 19 May · 20:32 IST

Innova Captab Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

INNOVACAP · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Innova Captab's board, on 19th May 2025, approved audited financial results for Q4 and FY ended 31 March 2025. Consolidated revenue grew about 15% to ₹1,243.68 crore and consolidated profit after tax rose roughly 36% to ₹128.26 crore, with EPS of ₹22.41 vs ₹18.66 last year. Standalone revenue was ₹958.06 crore and PAT was ₹89.47 crore, up from ₹68.16 crore. Statutory auditor BSR & Co. LLP issued an unmodified (clean) opinion. The board also appointed new Secretarial Auditors (Jaspreet Dhawan and Associates for 5 years), Cost Auditor (Gurvinder Chopra & Co.), and Internal Auditor (Grant Thornton Bharat LLP). Additionally, the registered office is shifting within Vashi, Navi Mumbai effective 2 June 2025, and several policies were updated.

Likely market impact

Strong FY25 earnings growth with a clean audit opinion is a positive signal for shareholders. The new auditor appointments are routine, and the registered office shift is within the same city, so no material disruption is expected.