Re-appointment of M/s Kailash Chand Jain Co. Statutory Auditor for a period of 5years from the conclusion of 37th AGM till conclusion of 42nd AGM
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Resonance Specialties Ltd reported strong full-year results for FY2025-26 with revenue from operations growing 16% to Rs. 9,024.75 lakhs from Rs. 7,780.66 lakhs. Profit after tax surged 58% to Rs. 1,039.58 lakhs from Rs. 656.62 lakhs, with EPS at Rs. 9.01 vs Rs. 5.69 last year. The Board recommended a dividend of Rs. 1 per share (10%). Geographically, export revenue (Outside India) grew significantly to Rs. 5,355.06 lakhs from Rs. 3,411.08 lakhs, while domestic revenue declined to Rs. 3,669.69 lakhs from Rs. 4,369.58 lakhs. M/s Kailash Chand Jain & Co. was re-appointed as statutory auditors for 5 years (from 37th to 42nd AGM). The auditors issued an unmodified (clean) opinion on the financial statements.
Strong profit growth of 58% with clean audit opinion is positive for shareholders. Export-driven revenue growth partially offset domestic decline. The 10% dividend yield and auditor re-appointment suggest stable corporate governance.