Intimation regarding re-appointment Cost Auditors of the Company for financial year 2025-26.
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Panchmahal Steel's board, at its May 23, 2025 meeting, approved audited financial results for Q4 and FY ended March 31, 2025. Full-year revenue from operations fell to Rs. 383.10 crore from Rs. 427.62 crore last year, but profit after tax rose to Rs. 3.33 crore (up from Rs. 2.97 crore) and EPS improved to Rs. 1.74 from Rs. 1.56. Q4 FY25, however, swung to a loss of Rs. 2.03 crore versus a profit of Rs. 2.44 crore in Q4 FY24. The board recommended a final dividend of Rs. 3 per share (30%) subject to shareholder approval. M/s Kiran J. Mehta & Co. was re-appointed as Cost Auditor and M/s Keyur Patel & Co. as Internal Auditor for FY 2025-26. The statutory auditor (CNK & Associates LLP) issued an unmodified opinion on the results.
Despite a decline in annual revenue, better margins lifted full-year profit, and the Rs. 3 dividend offers a decent yield for shareholders. However, the sharp Q4 loss and higher borrowings (up to Rs. 49.66 crore from Rs. 39.90 crore) signal some near-term stress that investors should watch closely.