Appointment of Secretarial Auditor
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Khazanchi Jewellers held its board meeting on May 23, 2025 and approved audited financial results for the half-year and full year ended March 31, 2025. Revenue from operations more than doubled to ₹1,77,192.69 lakhs in FY25 from ₹82,078.33 lakhs in FY24. Profit before tax rose to ₹6,085.67 lakhs (vs ₹3,670.52 lakhs), and net profit grew to ₹4,492.12 lakhs (vs ₹2,731.94 lakhs), pushing EPS to ₹18.15 (from ₹11.04). Statutory auditor PSDY & Associates gave an unmodified (clean) opinion. The board also updated three policies related to insider trading, fair disclosure, and related party transactions, and appointed M/s. AK Jain and Associates as the Secretarial Auditor for FY 2025-2026.
Strong doubling of revenue and ~64% growth in net profit signal robust business momentum, likely to be viewed positively by shareholders. The clean audit opinion and routine secretarial auditor appointment are standard governance items with no material risk impact.