Revised outcome for Board Meeting held on 29th May, 2025 as we missed the last page to scan. Kindly accept the revised outcome related to Board meeting dated 29th May 2025 in your records.
Awaiting price reaction for this filing.
Pushpsons Industries reported audited results for Q4 and full year ended March 31, 2025. Full-year revenue from operations rose to ₹456.33 lakhs from ₹407.51 lakhs last year, while net profit grew to ₹50.82 lakhs from ₹38.57 lakhs, a roughly 32% jump. Q4 alone saw net profit of ₹21.06 lakhs versus ₹15.91 lakhs a year ago. The Board appointed Mr. Sunil Sharma, a lawyer with over 17 years of experience in arbitration, corporate and insolvency law, as a Non-Executive Independent Director for a five-year term starting May 29, 2025. It also appointed M/s Anand Nimesh & Associates as Secretarial Auditor for five years from FY26, and Mr. Sumanta Samanta Singhar as Internal Auditor for FY26. The statutory auditor M/s Ritu Gupta & Co. issued an unqualified (unmodified) opinion on the financial statements.
Shareholders get a clean audit report with double-digit profit growth, which is a positive signal, though the absolute scale of the business remains very small (sub-₹5 crore revenue). Adding a legally experienced independent director and formalising secretarial and internal audit appointments strengthen governance but are unlikely to move the share price on their own.