Please find enclosed herewith details of cost auditor for the financial year 2024-25
RNBDENIMS · price
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R&B Denims reported FY25 audited results with standalone revenue from operations at ₹236.14 cr, down about 10% from ₹262.26 cr in FY24. Despite the revenue dip, standalone PAT grew nearly 12% to ₹20.92 cr (vs ₹18.73 cr), and consolidated PAT rose about 25% to ₹27.47 cr (vs ₹21.98 cr), helped by lower input costs and higher other income. The company also reported small exceptional items of ₹1.55 lakhs (standalone) and ₹16.87 lakhs (consolidated). On governance, the board appointed V.M. Patel & Associates as cost auditor for FY26, brought in Mrs. Nitika Abhishek Soni as a new Independent Director, and accepted the resignation of Ms. Radhika Arun Kanodiya, which triggered reshuffling of the Audit and Nomination & Remuneration committees. The statutory auditor changed year-on-year from Pradeep K. Singhi & Associates to RPR & Co., and the company noted that some prior-period ratios were restated to correct earlier errors.
Mixed picture for shareholders: a notable drop in standalone revenue is a concern, but improved margins and ~25% consolidated PAT growth are positives. The director resignations and committee reshuffle are worth watching for governance continuity, though the auditor issued an unmodified opinion.