Intimation of Appointment of M/s. Kiran J Mehta & Co. as Cost Auditors of the Company for FY 2026-27
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Bhavya Fabrics Limited held a board meeting on May 29, 2026, approving two key items: audited standalone financial results for Q4 and FY ended March 31, 2026, and appointment of M/s. Kiran J Mehta & Co. as Cost Auditors for FY 2026-27. For FY 2025-26, revenue from operations grew significantly to ₹16,312.18 lakhs from ₹8,367.63 lakhs in the previous year. Profit before tax stood at ₹280.10 lakhs, while total comprehensive income was ₹277.99 lakhs. The statutory auditor M/s. Nahta Jain & Associates issued an unmodified opinion on the financial results. The cost auditor appointment follows recommendation from the Audit Committee.
Positive for shareholders as the company reported strong revenue growth of nearly 95% year-on-year and maintained clean audit with unmodified opinion. Appointment of an experienced cost auditor firm (operating since 1977) ensures continued regulatory compliance.