The Board of Directors in its meeting held on Friday, June 13, 2025 approved the financial results of the Company for the quarter and year ended March 31, 2025 and other agendas.
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Awaiting price reaction for this filing.
Nagpur Power & Industries' board, meeting on June 13, 2025, approved the audited standalone and consolidated financial results for Q4 and the full financial year ended March 31, 2025. Statutory auditor M/s. Parekh Sharma & Associates issued an unmodified (clean) opinion on both sets of results. The company also appointed M/s. DSM & Associates as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30) and M/s. M. V. Ghelani & Co. as Internal Auditors for FY 2025-26, both subject to shareholder approval where applicable. Additionally, Mr. Shyam Kanbargi was re-appointed as an Independent Director for a second 5-year term from June 30, 2025 to June 29, 2030. The consolidated results include subsidiary Motwane Manufacturing Co. Pvt. Ltd, which contributed Rs. 6,217.54 Lacs in full-year revenue and Rs. 105.88 Lacs in net profit before tax to the group.
The clean audit opinion and routine auditor/director appointments are procedural and unlikely to move the stock. Shareholders should review the actual FY25 financial figures (to be released separately) to assess the company's standalone performance, as no detailed numbers were disclosed in this filing.