Intimation of change in management - Appointment of Internal Auditors
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Methodhub Software's Board meeting on May 26, 2026 approved audited financial results for FY 2025-26. Standalone revenue grew 6.9% to Rs. 62.6 crore with net profit up 39.3% to Rs. 9.1 crore. Consolidated revenue surged 146% to Rs. 332.9 crore with net profit up 177% to Rs. 31.8 crore, driven by 4 new subsidiary acquisitions completed in H2 FY26. The company listed on BSE SME platform in December 2025 via IPO raising Rs. 87.5 crore. Statutory auditors issued unmodified opinion. M/s. Anil Nair & Associates appointed as internal auditors for FY 2026-27. Two additional directors' designations were regularized.
Strong financial growth with near-doubling of consolidated profits; IPO proceeds partially deployed for debt repayment and acquisitions. Appointment of new internal auditors is routine corporate governance action with no immediate share price implications.