Repro India Limited has informed the Exchange regarding Change in Auditors of the company.
REPRO · price
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Awaiting price reaction for this filing.
Repro India's board, at its May 19, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY25 ended March 31, 2025, with an unmodified opinion from statutory auditor M S K A & Associates. The board also re-appointed M S K A & Associates as statutory auditor for a second 5-year term (32nd to 37th AGM), appointed M/s. Makarand M. Joshi & Co. as secretarial auditor for 5 years (FY26–FY30), and re-appointed M/s. Ram Agarwal & Associates as internal auditor for FY26. On the numbers, consolidated revenue fell to Rs 46,595 lakhs (from Rs 47,946 lakhs) and the company slipped into a consolidated loss of Rs 206 lakhs versus a profit of Rs 1,201 lakhs in FY24, with standalone also turning to a loss of Rs 479 lakhs (vs profit of Rs 757 lakhs). Prior period figures were restated due to a reclassification of deferred tax assets on property, plant and equipment.
Routine auditor continuity is positive for governance, but the sharp swing from profit to loss and revenue decline may weigh on near-term sentiment; shareholders should watch for reasons behind the loss and the pending Mahape factory closure decision.