Announced Fri, 29 May · 20:07 IST

Board has appointed M/s BM & Associates (Firm Registraiton Number 01544S) Chartered Accountants, Coimbatore as Internal auditors for foods and division of the company . Board has re-appointed ....

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AI summary

Kovilpatti Lakshmi Roller Flour Mills Limited has released its audited annual financial results for FY2026. The company reported a profit before tax of Rs. 1,015.55 lakhs, a significant jump from Rs. 154.35 lakhs in the previous year (approximately 558% increase). Total revenue stood at Rs. 9,750.58 lakhs from its branch operations. Total assets grew to Rs. 19,336.67 lakhs from Rs. 16,756.71 lakhs. The board also appointed M/s BM & Associates (FRN: 01544S), Chartered Accountants, as Internal Auditors for the foods division. Additionally, Marimuthu & Associates (FRN: 014572S) have been reappointed as statutory auditors and issued an unmodified (clean) opinion on the financial statements. Cash and cash equivalents were Rs. 19.12 lakhs at year-end.

Likely market impact

The company showed exceptional profit growth year-on-year with a clean audit opinion, indicating strong financial health. The appointment of dedicated internal auditors for the foods division suggests improved governance and internal controls.