Announced Fri, 23 May · 15:30 IST

Appointment of Internal Auditor

Management Changes View source PDF

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AI summary

Meera Industries reported audited financial results for Q4 and full year ended March 31, 2025, along with the re-appointment of M/s. D D R & Co as Internal Auditor for FY 2025-26. Full-year standalone revenue rose to Rs. 4,026.01 lakhs from Rs. 3,014.23 lakhs in FY24 (about 34% growth), driven mainly by the Machine Division. Profit after tax for FY25 more than doubled to Rs. 389.47 lakhs from Rs. 146.53 lakhs, with basic EPS at Rs. 3.65 vs Rs. 1.37. However, Q4 standalone revenue slipped to Rs. 781.05 lakhs (vs Rs. 959.57 lakhs in Q4 FY24) and Q4 PAT fell to Rs. 35.76 lakhs from Rs. 60.48 lakhs. Statutory auditors K A Sanghavi & Co LLP issued an unmodified (clean) opinion on both standalone and consolidated results.

Likely market impact

Strong full-year earnings growth and a clean audit opinion are positive signals, but the sharp sequential slowdown in Q4 may draw investor attention. The re-appointment of the existing internal auditor is a routine governance matter with no material impact.