Nupur Recyclers Limited has informed the Exchange regarding Change in Auditors of the company.
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Awaiting price reaction for this filing.
Nupur Recyclers Limited announced its Q1 FY26 (quarter ended June 30, 2025) financial results. On a consolidated basis, revenue from operations rose to Rs. 5,096.50 lakhs from Rs. 3,560.65 lakhs in Q1 FY25 (~43% YoY growth), while profit after tax came in at Rs. 404.45 lakhs (vs Rs. 505.92 lakhs YoY). On a standalone basis, revenue declined to Rs. 2,785.92 lakhs (vs Rs. 3,442.10 lakhs YoY) and profit after tax fell to Rs. 110.60 lakhs (vs Rs. 299.25 lakhs YoY). The board also approved the appointment of M/s V Khaitan & Associates as Internal Auditor and M/s Ravi Sahni & Co. as Cost Auditor for FY 2025-26. Additionally, Mr. Kapal Kumar Vohra, former RBI Executive Director and former NCLT Member, was re-appointed as Independent Director for a second five-year term (August 28, 2025 to August 27, 2030).
The headline mentions a change in auditors, but the filing actually confirms appointments (not resignations) of an internal auditor and cost auditor — routine governance items. Consolidated revenue growth is healthy, though standalone numbers show weakness and overall PAT dipped YoY, which may temper near-term sentiment. Re-appointment of an experienced independent director supports board continuity.