The Board at its meeting held on 13.08.2025 pursuant to the recommendation of the Audit Committee recommended the appointment of Ms. Yogita (FCS: 8511, CP: 8478) Proprietor of Yogita & ....
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Mukat Pipes Ltd's Board, at its meeting on 13 August 2025, approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue declined to about Rs. 105.57 lakhs from Rs. 116.84 lakhs in Q1 FY25, while the company slipped into a loss of Rs. 25.04 lakhs versus a small profit of Rs. 2.89 lakhs last year, resulting in a loss per share of Rs. 0.21. The Board also recommended appointing Ms. Yogita of Yogita & Associates as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval at the 38th AGM. The statutory auditors (Gurpreet Kaur & Associates) issued an unqualified limited review report on the results.
The shift from profit to loss and falling revenues in Q1 FY26 is a mild negative for shareholders, though the scale remains very small for this micro-cap company. The secretarial auditor appointment is routine governance and unlikely to affect the stock price.