Appointment of M/s Mittal V Kothari & Associates as secretarial Auditor for the FY 2025-26.
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Poojawestern Metaliks reported strong Q3 FY26 results with consolidated revenue from operations jumping to ₹2,475.05 lakh from ₹1,518.51 lakh in the same quarter last year. Net profit for the quarter stood at ₹37.39 lakh (vs ₹35.83 lakh in Q3 FY25), while nine-month profit rose sharply to ₹166.84 lakh from ₹100.10 lakh. On a standalone basis, Q3 revenue was ₹1,592.47 lakh with a net profit of ₹19.40 lakh. The board also appointed M/s. Paras A Rathod & Co as Internal Auditor and M/s. Mittal V. Kothari & Associates (Practicing Company Secretary, Ahmedabad) as Secretarial Auditor for FY 2025-26. The statutory auditor (D G M S & Co) issued an unmodified limited review report on the results.
Strong top-line growth (~63% YoY in Q3 consolidated revenue) and improving nine-month profits are positive signals for shareholders. The auditor appointments are routine annual compliance matters and unlikely to affect the stock price on their own.