Prudent Corporate Advisory Services Limited has informed the Exchange regarding 'Re-appointment of Internal Auditor Of The Company.'
PRUDENT · price
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Prudent Corporate Advisory Services Limited held its Board Meeting on May 7, 2026, approving multiple items. The company reported strong FY2026 results with consolidated revenue of Rs 1,31,733 lakhs (up 19% from Rs 1,10,356 lakhs) and consolidated profit after tax of Rs 22,205 lakhs (up 13.5% from Rs 19,565 lakhs). Standalone PAT stood at Rs 21,660 lakhs with EPS of Rs 52.31. Deloitte Haskins & Sells issued unmodified audit opinions on both standalone and consolidated results. The Board recommended a final dividend of Rs 3.50 per equity share (70% on face value of Rs 5) worth Rs 1,449.23 lakhs, subject to shareholder approval at AGM. The company re-appointed M/s. PramodKumar Dad & Associates as Internal Auditor for FY 2026-27 and appointed Mr. Chirag Ashwinkumar Shah as Non-Executive, Non-Independent Director effective July 22, 2026. The company also completed acquisition of Indus Capital's mutual fund distribution business in Q3 FY26 for Rs 12,375 lakhs.
Strong financial performance with double-digit revenue and profit growth, combined with shareholder-friendly dividend recommendation, signals positive momentum. The appointment of an experienced director with group background and continuation of established internal auditor suggests stable governance.