IVP Limited has informed the Exchange regarding 'Appointment of Secretarial Auditor'.
IVP · price
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IVP Limited's board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditors issuing an unmodified opinion. Full-year revenue from operations came in at ₹53,899 lakhs (vs ₹54,610 lakhs in FY24), while profit after tax was ₹1,131 lakhs (vs ₹1,228 lakhs), giving an EPS of ₹10.96. Q4 revenue grew to ₹14,936 lakhs (vs ₹14,223 lakhs) though Q4 profit fell to ₹383 lakhs from ₹474 lakhs. The board recommended a final dividend of ₹1 per share (10%) for FY25, subject to shareholder approval. Mr. Mandar P. Joshi was reappointed as Whole-time Director & CEO for three years effective August 1, 2025, and a new Secretarial Auditor (M/s A. A. Mulla & Associates) was appointed for five years along with Cost Auditors for FY26.
Marginal decline in full-year profits and revenue, but a stable dividend payout signals consistent shareholder returns. CEO continuity provides leadership stability, while fresh auditor appointments reflect routine governance housekeeping with no red flags.