Appointment of M/s. RNCA & Associates, Practicing Chartered Accountants, as Internal Auditor of the company for the Financial Year 2025-26.
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Parmeshwar Metal Ltd announced audited financial results for FY25 with revenue from operations of Rs. 1,38,243 lakhs, up about 26% from Rs. 1,10,022 lakhs in FY24. Profit after tax rose to Rs. 1,097.81 lakhs versus Rs. 712.69 lakhs, with basic EPS at Rs. 6.34. The Board recommended a final dividend of Rs. 0.75 per share (face value Rs. 10), subject to shareholder approval. The company also appointed a new Secretarial Auditor for five years (FY26–FY30), a new Internal Auditor for FY26, and a new Cost Auditor for FY26. The Board confirmed there is no deviation or variation in the use of public issue proceeds, with Rs. 2,161 lakhs out of Rs. 2,474 lakhs raised already utilized by 31 March 2025.
Strong revenue and profit growth with a clean (unmodified) audit opinion is positive for shareholders. The Rs. 0.75 dividend signals modest returns, and orderly appointment of auditors plus no misuse of IPO funds supports governance comfort.