Appointment of Ms. Shubhangi Agarwal, PCS as Secretarial Auditor of the Company for F.Y. 2025-26 to 2029-30 subject to the approval of the Shareholders at the 14th AGM of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Looks Health Services' board, at its May 26, 2025 meeting, approved audited financial results for Q4 and full year ended March 31, 2025, with statutory auditor M/S KPSJ & Associates LLP issuing an unmodified opinion. For FY25, total income rose to Rs. 78.52 lakhs from Rs. 45.76 lakhs in FY24, and the company swung to a net profit of Rs. 2.39 lakhs versus a Rs. 1.77 lakh loss last year. Q4 FY25 was particularly strong with Rs. 43.78 lakhs in total income and Rs. 18.69 lakhs net profit. The board also appointed Ms. Shubhangi Agarwal, Practicing Company Secretary, as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), pending shareholder approval at the 14th AGM. Management noted funds are parked in interest-bearing assets while it searches for new business opportunities.
The return to profitability and a clean audit opinion are mildly positive signals, though absolute earnings remain very small relative to equity base of Rs. 1,482.53 lakhs. The new secretarial auditor appointment is routine governance and unlikely to move the stock; near-term price action will depend on whether management identifies a viable business opportunity.