Khadim India Limited has informed the Exchange regarding Change in Auditors of the company.
KHADIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Khadim India Limited's Board meeting on May 20, 2026 approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported consolidated revenue of Rs 862.37 million for Q4 and Rs 4,180.13 million for the full year. Net profit from continuing operations was Rs 30.99 million for FY2026 compared to a loss of Rs 142.02 million in FY2025. The Board also approved the re-appointment of M/s. Ray & Ray as Statutory Auditors for a second consecutive term of 5 years (from conclusion of 45th AGM till 50th AGM in 2031-32), subject to shareholder approval. The auditors issued an un-modified (clean) opinion on the financial statements. Additionally, the company completed the demerger of its distribution business into KSR Footwear Limited effective April 1, 2025.
The re-appointment of Ray & Ray for another 5-year term indicates continuity in audit governance with no red flags. The clean audit opinion and improved profitability from continuing operations are positive signals for investors, though the company continues to manage losses from its discontinued distribution business.