Repro India Limited has informed the Exchange regarding Appointment of Ms M/s. Ram Agarwal & Associates as Internal Auditor of the company w.e.f. April 01, 2025.
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Repro India's board, at its May 19, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. On a consolidated basis, the company swung to a net loss of Rs 206 lakhs in FY25 from a profit of Rs 1,201 lakhs in FY24, while revenue slipped to Rs 46,595 lakhs from Rs 47,946 lakhs. Standalone performance was weaker, with a loss of Rs 479 lakhs (vs profit of Rs 757 lakhs) on revenue of Rs 25,864 lakhs (vs Rs 31,767 lakhs). Statutory auditors M S K A & Associates issued an unmodified (clean) opinion. The board also approved re-appointment of M S K A & Associates as statutory auditor for a second 5-year term, appointed Makarand M. Joshi & Co. as secretarial auditor for 5 years (FY26–FY30), and re-appointed Ram Agarwal & Associates as internal auditor for FY26, all subject to shareholder approval.
Shareholders should note the sharp swing from profit to loss at both standalone and consolidated levels, which is a negative earnings development. On the positive side, the clean audit opinion, continuity of the statutory auditor, and the long-running Mahape factory closure process being pursued suggest stable governance despite weak operating performance.