Appointment of Cost Auditor for the Financial Year 2026-27
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
New Swan Multitech Limited's Board approved audited financial results for FY 2025-26 (half year ended March 31, 2026). Revenue from operations grew 10.94% to Rs 17,723.36 lakhs from Rs 15,974.93 lakhs in the prior year. However, profit after tax declined 16.76% to Rs 958.56 lakhs from Rs 1,151.72 lakhs. Operating cash flow improved significantly to Rs 695.36 lakhs positive from Rs 169.25 lakhs in the prior period. The Board also appointed M/s. Anju Pardesi, a practicing Cost Accountant, as Cost Auditor for FY 2026-27. Statutory auditors M/s. Sukhminder Singh & Co. issued an unmodified opinion on the financial results.
The company showed revenue growth but declining profitability, which may concern investors focused on bottom-line performance. The clean audit opinion is positive. Appointment of a cost auditor is a routine compliance matter with no material impact on stock price.