ENCLOSED HEREWITH ANNOUNCEMENT UNDER REG 30 FOR APPOINTMENT OF INTERNAL AUDITOR
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Integrated Hitech Limited reported audited financial results for Q4 and FY ended March 31, 2026. The company posted total income of Rs. 5.08 lakhs (up from Rs. 3.76 lakhs in FY25) but recorded a net loss of Rs. 26.40 lakhs, significantly worse than the previous year's profit of Rs. 1.70 lakhs. Total expenses stood at Rs. 33.95 lakhs. The company incurred cash losses of Rs. 9.28 lakhs compared to zero cash losses in FY25. The board also approved appointment of Mr. Nitin Oza as Internal Auditor for FY26-27, noted resignation of Mrs. Rainy Ramesh Singhi (Non-Executive Non-Independent Director) effective March 26, 2026, and approved withdrawal of an NCLT petition filed under Section 66 of the Companies Act. The statutory auditors issued an unmodified (clean) opinion on the financial statements.
The company has swung from marginal profitability to significant losses with very low revenue of just Rs. 5 lakhs. The cash loss of Rs. 9.28 lakhs and substantial net loss indicate operational challenges. However, the clean audit opinion and adequate internal controls provide some comfort, while the director resignation and NCLT petition withdrawal suggest potential corporate governance or legal issues being addressed.