Re-appointment of Internal Auditor of the Company
PRUDENT · price
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Prudent Corporate Advisory Services reported FY2025-26 consolidated results with Total Revenue from Operations of Rs 1,31,733 lakhs, up 19.4% from Rs 1,10,356 lakhs in FY24. Profit After Tax grew 13.5% to Rs 22,205 lakhs. On a standalone basis, PAT surged 38.3% to Rs 21,660 lakhs from Rs 15,658 lakhs. The Board recommended a final dividend of Rs 3.50 per share (70% payout) for FY26. The company completed acquisition of Indus Capital's mutual fund distribution business in Q3 FY26 for Rs 12,375 lakhs. Deloitte Haskins & Sells issued unmodified (clean) audit opinions on both standalone and consolidated results. The Board also re-appointed M/s. PramodKumar Dad & Associates as Internal Auditor for FY26-27 and appointed Mr. Chirag Shah as Non-Executive Non-Independent Director effective July 2026.
Strong financial performance with near 20% revenue growth and 38% standalone PAT growth, combined with a clean audit opinion, is positive for shareholders. The recommended 70% dividend payout signals confidence. The Indus Capital acquisition should boost future commission income.