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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Bhavya Fabrics Limited announced the appointment of M/s Kiran J. Mehta & Co., Cost Accountants, Ahmedabad, as Cost Auditors for Financial Year 2026-27. The appointment was approved by the Board on May 29, 2026 based on the Audit Committee's recommendation. The firm has been operating since 1977 and is the oldest partnership firm of Cost Accountants in Gujarat since 1990. Separately, the company reported audited financial results for FY 2025-26 showing revenue from operations of Rs. 16,312.18 Lakhs, nearly doubling from Rs. 8,367.63 Lakhs in the previous year. Profit before tax stood at Rs. 300.56 Lakhs, with profit after tax at Rs. 211.99 Lakhs. The statutory auditor issued an unmodified opinion on the financial statements.
Routine appointment of cost auditor with no governance concerns. Strong revenue growth year-on-year, though profit after tax remained relatively flat, indicating margin pressures despite higher sales.