Re-appointment of M/s S. S. Kothari Mehta & Co. LLP, as Internal Auditors of the Company for the FY 2026-27
LAOPALA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
La Opala RG Limited held its Board meeting on May 30, 2026, approving multiple items. The company reported audited FY2025-26 results with Revenue from Operations at Rs. 30,906.46 Lakhs, down from Rs. 33,186.38 Lakhs in FY2024-25, representing a decline of approximately 7%. Profit after Tax stood at Rs. 9,230.25 Lakhs versus Rs. 9,658.52 Lakhs in the previous year. An exceptional item of Rs. 179.19 Lakhs was recognized due to New Labour Code implementation. The Board recommended a dividend of Rs. 5 per share (250%) subject to shareholder approval. The audit report from Singhi & Co. was issued with an unmodified (clean) opinion. The company also re-appointed S. S. Kothari Mehta & Co. LLP as Internal Auditors for FY 2026-27 and extended Ms. Suparna Chakrabortti's term as Independent Director.
The stock may see cautious sentiment due to revenue and profit decline year-over-year, though the clean audit opinion and maintained dividend provide some support. The decline in other income due to mark-to-market losses on debt mutual fund investments also warrants monitoring.