Board meeting outcome of meeting held on 30/05/2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board of Mohite Industries Ltd, at its meeting on 30 May 2025, approved audited financial results (standalone and consolidated) for the quarter and year ended 31 March 2025, along with the auditor's report. The statutory auditor (Shakirali S. Bojagar & Co.) issued a clean, unqualified opinion on both sets of results, with no key audit matters, no going concern issues, and no qualifications. Consolidated revenue grew strongly to ₹17,035.65 lakhs (FY24: ₹12,795.33 lakhs, up ~33%), while standalone revenue rose to ₹13,820.69 lakhs (FY24: ₹10,788.21 lakhs, up ~28%). However, Q4 standalone sales of ₹3,277.87 lakhs were notably lower than Q4 FY24's ₹5,300.38 lakhs. The auditor flagged that the company granted unsecured loans to Chirag Sanditext Pvt Ltd (a party listed under Section 189), with repayments and interest being regular.
Routine regulatory filing confirming FY25 results with a clean audit report — generally a neutral-to-positive signal for shareholders. Strong full-year revenue growth (over 25%) is encouraging, but the sharp Q4 standalone revenue drop versus Q4 FY24 may warrant investor scrutiny on near-term momentum. No major governance or financial red flags.