Appointment of Secretarial Auditor
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Rishi Techtex Ltd reported audited financial results for Q4 and full year ended March 31, 2025. Full-year revenue from operations rose to Rs. 12,562.23 lakhs from Rs. 11,173.57 lakhs a year ago, while profit after tax jumped to Rs. 229.94 lakhs from Rs. 134.83 lakhs, with EPS at Rs. 3.11 vs Rs. 1.82. The Board did not recommend any dividend for FY25. Statutory auditors HRK & Co. issued an unmodified opinion. The Board also re-appointed M/s VSSK & Co. as Internal Auditor for FY26 and appointed M/s Sudhanwa S. Kalamkar & Associates as Secretarial Auditor for a five-year term (FY26–FY30), subject to shareholder approval.
Strong earnings growth and a clean audit opinion are positives for shareholders, though the absence of a dividend may limit near-term income appeal. The new secretarial auditor appointment is routine and subject to shareholder approval at the upcoming AGM.