Re-appointment of M/s. LKJ & Associates, LLP (formerly known as M/s. R.V. Luharuka & Co., LLP) as an Internal Auditor of the Company for the Financial Year 2025-2026.
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KJMC Corporate Advisors announced audited results for FY25 on May 16, 2025. Standalone net profit fell sharply to Rs. 75.63 lakhs from Rs. 158.41 lakhs in FY24, on total income of Rs. 344.54 lakhs (vs Rs. 471.31 lakhs). Consolidated net profit dropped to Rs. 104.12 lakhs from Rs. 230.25 lakhs, with total income at Rs. 927.89 lakhs. The board re-appointed M/s LKJ & Associates, LLP as Internal Auditor for FY26. Mr. Neeraj Yadav was appointed as the new Company Secretary & Compliance Officer effective May 16, 2025. The Audit Committee and Stakeholders Relationship Committee were reconstituted, with Mr. Girish Jain joining the Audit Committee and Mr. Rajnesh Jain becoming Chairman of the Stakeholders Relationship Committee. Statutory auditors Batliboi & Purohit issued an unmodified opinion on the financial results, though they noted an NSE inspection whose finalization is pending.
Shareholders should note the steep decline in both standalone and consolidated profits compared to the previous year. The unchanged auditor and new compliance officer are routine governance matters with no immediate price impact.