Re-appointment of Internal Auditor and Secretarial Auditor of the Company for the Financial Year 2025-26
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Paramount Cosmetics' board, at its meeting on May 29, 2025, approved the audited financial results for Q4 and FY ended March 31, 2025, alongside re-appointing M/s. Brajesh Gupta & Co. as Secretarial Auditor and Mr. Venkatesh P A (Chartered Accountant) as Internal Auditor for FY 2025-26, both on the recommendation of the Audit Committee. The statutory auditors M/s. Sharma & Pagaria issued an unmodified opinion on the results, and the company confirmed it has no subsidiaries, associates, or joint ventures — results are standalone only. Financial highlights show revenue from operations of around Rs. 597.86 lakhs for Q4 FY25 and the company reporting a small loss for the full year with EPS around Rs. (1.70). The board signed off on a cash flow statement and balance sheet showing total assets of roughly Rs. 1,589 lakhs as of March 31, 2025.
This is a routine governance announcement — auditor re-appointments signal continuity in compliance oversight rather than any change in direction. The weak full-year results (negative EPS) are the more material takeaway for shareholders, though the unmodified audit opinion keeps the filing credible.