Submission of audited financial results for quarter and financial year ended on March 31, 2025
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The board approved KIFS Financial Services' audited financial results for the quarter and financial year ended March 31, 2025. The statutory auditors (M/s Bimal Shah Associates) issued an unmodified opinion, confirming clean financials with no qualifications or adverse remarks. The board also recommended a final dividend of ₹1.50 per share (15%) on the face value of ₹10, subject to shareholder approval at the upcoming AGM. Additionally, the company appointed Prachi Bansal & Associates as secretarial auditor for 5 years and Parikh Shah & Associates as internal auditor for FY 2025-26. Independent director Mr. Sharvil Bharat Kumar Suthar was re-appointed for a second 5-year term effective June 29, 2025. The filing notes no exceptional or extraordinary items during the period, and operating cash flows remained positive for the year.
Positive for shareholders — clean audit opinion and a steady 15% dividend signal financial stability and consistent returns. Routine governance changes (new auditors, director re-appointment) carry no material impact on business outlook.