Announced Fri, 29 May · 20:02 IST

M/s P Mohankumar & Co (Firm Registraiton Number 100490) cost accountants, coimbatore, as cost auditor to conduct the audit of cost records of the engineering division for the FY 2026-27 ....

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹103.95
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-1.3-5.2-2.4-8.9-9.5-1.5-5.0
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AI summary

The company filed its audited annual financial results for FY 2025-26 along with appointment of M/s P Mohankumar & Co as cost auditor for the engineering division. Profit before tax increased significantly to Rs. 1,015.55 lakhs from Rs. 154.35 lakhs in the previous year. Total assets stood at Rs. 19,336.67 lakhs. The statutory auditor, M/s Marimuthu & Associates, issued an unmodified opinion. The Chairman and Managing Director is Sharath Jagannathan and CFO is R. Nagarajan.

Likely market impact

Strong financial performance with over 550% increase in profit before tax. Clean audit opinion signals good governance. The appointment of cost auditor ensures regulatory compliance for cost records audit.