Appointment of Internal Auditor and Secretarial Auditor of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PH Capital's board, meeting on May 22, 2025, approved audited financial results for Q4 and FY ended March 31, 2025 with an unmodified opinion from statutory auditors S.P. Jain & Associates. Total income for FY25 rose to Rs. 18,550.80 lakhs (vs Rs. 16,142.54 lakhs in FY24), but net profit dropped sharply to Rs. 785.10 lakhs (vs Rs. 2,012.87 lakhs in FY24), with EPS falling to Rs. 26.17 (from Rs. 67.09). The company reported a Q4 net loss of Rs. 670.69 lakhs versus a profit of Rs. 206.82 lakhs in Q3 FY25, and chose not to recommend a final dividend (an interim dividend of Rs. 0.25 per share was already declared). The board also appointed M/s. C. M. Lopez & Co. as Internal Auditor for FY 2025-26, M/s. D Maurya and Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), and Ms. Rakhi Sharma (DIN: 10697694) as a Non-Executive Independent Director for five years (May 22, 2025 to May 21, 2030), subject to shareholder approval via postal ballot.
Sharp year-on-year decline in profits and a Q4 loss despite higher revenue may weigh on short-term sentiment, though auditor and board appointments are routine governance actions. No new equity dilution; existing shareholders will vote on the independent director appointment.