Appointment of M/s. Borad Sanjay B & Associates, Practicing Cost Accountants, as Cost Auditor of the Company for Financial Year 2025-26.
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Parmeshwar Metal's board met on 15th May 2025 and approved audited financial results for FY25. Revenue from operations rose to Rs. 1,38,243.37 lakhs from Rs. 1,10,022.32 lakhs, a growth of about 25.7%. Profit after tax increased to Rs. 1,097.81 lakhs from Rs. 712.69 lakhs, up roughly 54%. The statutory auditor (Gattani & Associates) issued an unmodified opinion. The board recommended a final dividend of Rs. 0.75 per share (face value Rs. 10). Additionally, the board appointed Alpesh Vekariya & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), R N C A & Associates as Internal Auditor for FY 2025-26, and Borad Sanjay B & Associates as Cost Auditor for FY 2025-26. The company confirmed no deviation in the use of public issue proceeds of Rs. 2,474.16 lakhs raised in January 2025.
Strong revenue and profit growth combined with a clean audit and a modest dividend signal healthy operational momentum for shareholders. New auditor appointments are routine governance items and unlikely to move the stock materially on their own.