LIKHITHANSELikhitha Infrastructure LimitedMinimalNeutral
Announced Wed, 27 May · 15:05 IST

Likhitha Infrastructure Limited has informed the Exchange about the appointment of a Branch Auditor for the Abu Dhabi Branch for the FY 2026-27.

LIKHITHA · price

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Price reaction · full curve 14 horizons · vs prior close
-9.4%1-day move
₹207.50
prior close
₹195.70
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AI summary

Likhitha Infrastructure Limited held its Board Meeting on May 27, 2026, where it approved the audited standalone and consolidated financial results for Q4 and full year ended March 31, 2026. For the standalone full year, total revenue from operations stood at Rs 4,567.34 lakh with a profit before tax of Rs 542.72 lakh. The company's consolidated results include its two subsidiaries - CPM-Likhitha Consortium (India) and Likhitha HAK Arabia Contracting Company (Saudi Arabia). The statutory auditors (NSVR & Associates LLP) issued unmodified (clean) opinions on both standalone and consolidated results. The Board also re-appointed M/s Mukul Tyagi & Associates as Internal Auditors for FY 2026-27 and appointed M/s HLB HAMT Management Consultancy LLC as Branch Auditor for the Abu Dhabi Branch for FY 2026-27.

Likely market impact

Clean audit opinions and stable profitability indicate healthy financial position. The appointment of a specialized UAE-based auditor for the Abu Dhabi branch reflects the company's focus on compliance for its international operations. No material concerns for shareholders.