Re-appointment of M/s. Gurubatham & Associates, as Internal Auditors for the Financial Years 2026-2027 and 2027-2028 and Re-appointment of Mr.M.R.L.Narasimha, Practicing Company Secretary, ....
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The board approved unaudited standalone results for Q3 and nine months ended December 31, 2025. Revenue from operations for Q3 FY26 stood at ₹345 lakhs, up about 12% year-on-year from ₹308.52 lakhs, while nine-month revenue rose 8% to ₹1,038.39 lakhs. Profit after tax for the nine months surged 86% to ₹116.05 lakhs (from ₹62.28 lakhs), translating to an EPS of ₹17.35. The warehousing rental services segment led the growth, with nine-month revenue up nearly 14% YoY, while the engineering services segment was broadly flat. The statutory auditors (Subbachar & Srinivasan) issued an unqualified limited review report with no qualifications or concerns. The board also re-appointed Gurubatham & Associates as internal auditors and M.R.L. Narasimha as secretarial auditor for FY 2026-27 and 2027-28.
Sharply higher profits on modest revenue growth signal margin expansion, which is positive for shareholders. Clean auditor report and stable auditor re-appointments suggest continuity with no governance red flags; near-term sentiment is likely to be constructive.