Appointment/Re-appointment of Auditors
KRSNAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krsnaa Diagnostics reported FY26 standalone PAT of ₹1,026.75 million, up 24% from ₹828.08 million in FY25, while consolidated PAT grew 30.7% to ₹1,014.31 million. Standalone revenue from operations was largely flat at ₹6,909.47 million (vs ₹6,816.95 million), though consolidated revenue grew 7.8% to ₹7,727.74 million. The company received unmodified (clean) audit opinions from MSKA & Associates. However, an Emphasis of Matter was raised regarding Income Tax search proceedings resulting in a demand order of ₹626.90 million, against which the company has filed appeals. The Board recommended a final dividend of ₹2 per share (40% face value) and proposed appointing M/s Kirtane & Pandit LLP as statutory auditors for FY26-27 to FY30-31, subject to shareholder approval.
Strong PAT growth (24-30%) and clean audit opinions are positive signals, though flat standalone revenue growth raises concerns. The ₹626.90 million tax demand and change in auditors warrant attention despite management's view of non-material impact.