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Awaiting price reaction for this filing.
Pacific Industries Ltd has submitted its audited financial results (both standalone and consolidated) for the quarter and full year ending March 31, 2025, as approved by the Board on 27th May 2025. The statutory auditor, M/s Ravi Sharma & Co., has issued an unmodified (unqualified) opinion on both the standalone and consolidated financial results. Total consolidated assets stood at Rs. 55,517.62 lakhs as at March 31, 2025. The company also re-appointed its Internal Auditor (Pachori Rupesh & Associates) for FY 2025-26 and its Secretarial Auditor (B K Sharma & Associates) for FY 2024-25. Notes to the results mention an ongoing Income Tax matter from a Feb 2023 search/survey, with the company having filed an appeal before CIT (Appeals).
Clean audit opinion with no qualifications is positive for shareholder confidence. However, the pending income tax appeal remains an overhang. Detailed revenue and profit numbers are not clearly legible in the filing for direct comparison.