M K Proteins Limited has informed the Exchange regarding Change in Auditors of the company.
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Awaiting price reaction for this filing.
M K Proteins Limited's board, at its meeting on 12th August 2025, approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations more than doubled year-on-year to Rs. 11,494.60 lakhs (vs Rs. 5,733.30 lakhs in Q1 FY25), while profit after tax rose about 41% to Rs. 351.32 lakhs (vs Rs. 248.13 lakhs). EPS stood at Rs. 0.09 vs Rs. 0.07 earlier. The company also accepted the resignation of statutory auditor M/s KRA & Co. effective 12th August 2025, and appointed M/s Subhash Sajal & Associates to fill the casual vacancy until the 13th AGM. M/s J.P. Jagdev & Co. was appointed as Secretarial Auditor for 5 years (FY26–FY30). The Audit Committee noted that the outgoing auditor raised no concerns or issues behind the resignation.
Strong Q1 results with revenue doubling and profit growing ~41% YoY are clearly positive for shareholders. The auditor change is a routine mid-term casual vacancy fill with no flagged concerns, so it carries low governance risk, though investors may want to watch the new auditor's first full-year audit closely.