KPI Green Energy Limited has informed the Exchange regarding Change in Auditors of the company.
KPIGREEN · price
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Awaiting price reaction for this filing.
KPI Green Energy's board approved audited consolidated financial results for Q4 and full year ended March 31, 2025, with statutory auditor M/s. K A Sanghavi & Co LLP issuing an unmodified opinion. Consolidated revenue from operations nearly doubled to Rs. 1,73,545 lakhs in FY25 from Rs. 1,02,390 lakhs in FY24, while net profit more than doubled to Rs. 32,528 lakhs from Rs. 16,166 lakhs. Basic EPS rose to Rs. 16.23 from Rs. 9.41. The board recommended a final dividend of Re. 0.20 per share (4%) on face value of Rs. 5, subject to shareholder approval. Additionally, M/s. RHA & Co. was appointed as Internal Auditor for FY26, M/s. Chirag Shah & Associates as Secretarial Auditor for FY26–FY30, and M/s. V.M. Patel & Associates as Cost Auditor for FY26.
Strong FY25 performance with revenue up ~69% and profit up ~101% year-on-year signals robust growth in the company's solar and captive power business. The modest final dividend and the change in non-statutory auditors are routine governance actions and are unlikely to materially affect stock price.