Nila Infrastructures Limited has informed the Exchange regarding 'Appointment of Statutory Auditor for second term of 5 years.'.
NILAINFRA · price
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Nila Infrastructures' board, at its May 3, 2025 meeting, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations grew about 34% YoY to Rs 24,688 lakhs, while total income stood at Rs 26,260 lakhs. Profit after tax nearly doubled to Rs 2,154 lakhs (from Rs 1,137 lakhs in FY24), and EPS rose to Rs 0.55 from Rs 0.29. The board reappointed M/s MBD & Co. LLP as statutory auditors for a second 5-year term (35th to 40th AGM) and also appointed internal, secretarial, and cost auditors. The auditor's report carries an Emphasis of Matter on a 2021 Income Tax search at the company's premises, with assessment orders for AY 2014-15 and 2016-17 to 2022-23 currently under appeal — the financial impact remains unascertainable.
Sharp jump in revenue and profit is a clear positive for shareholders, signaling strong business momentum in FY25. The pending Income Tax litigation is the key overhang — an adverse ruling could materially impact future earnings, so investors should track the appeal outcomes.