The board of directors at its meeting held on May 6, 2025 has considered and approved the appointment of secretarial auditors of the company for the term of 5 consecutive years, subject ....
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The board of National Peroxide Ltd met on May 6, 2025 and approved the audited financial results for Q4 and the full financial year ended March 31, 2025. For FY25, the company posted a profit after tax of about ₹307 lakhs versus ₹1,679 lakhs in FY24, while Q4 FY25 alone swung to a loss of ₹649 lakhs. Revenue from operations for the full year dropped to roughly ₹28,687 lakhs from ₹33,299 lakhs a year earlier, reflecting weaker performance in the single hydrogen peroxide segment. Statutory auditors Kalyaniwalla & Mistry LLP gave an unqualified (unmodified) opinion on the numbers. The board also approved appointing M/s. Parikh & Associates, a Mumbai-based firm of practicing company secretaries, as Secretarial Auditors for five consecutive years from FY 2025-26 to FY 2029-30, pending shareholder approval at the upcoming AGM.
Shareholders should note a clear earnings slowdown — full-year profits fell about 80% and the final quarter slipped into a loss, which may weigh on short-term sentiment. The clean audit opinion and the appointment of a reputable secretarial auditor are routine governance positives and unlikely to move the stock materially on their own.