Ravindra Energy Limited has informed the Exchange regarding Change in Auditors of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ravindra Energy Limited reported strong FY2025-26 results with standalone revenue of Rs. 4,443.76 million, more than doubling from Rs. 1,881.25 million in the previous year. Net profit after tax surged to Rs. 913.98 million compared to Rs. 246.15 million year earlier. The Board approved appointment of M/s. P. G. Bhagwat LLP as Internal Auditors and M/s. A. G. Anikhindi & Co. as Cost Auditors for FY2026-27. The statutory audit continues to be conducted by P. Ishwara Bhat & Co., which issued an unmodified opinion. Notable items include Rs. 50 million impairment of investments in LLPs and an ESOP scheme where 70,000 shares were exercised.
The company showed significant revenue and profit growth, which is positive for shareholders. The appointment of new internal and cost auditors (not the statutory auditor) is a routine governance action and unlikely to have a negative market impact.