Re-appointment of the Internal Auditor of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shyama Computronics and Services Ltd held its Board meeting on May 26, 2026, approving the audited standalone financial results for the year ended March 31, 2026. Total income declined to Rs 38.07 Lacs from Rs 43.17 Lacs in the previous year, while net profit fell to Rs 11.40 Lacs from Rs 14.53 Lacs. The decline was primarily due to lower other income (Rs 10.14 Lacs vs Rs 18.49 Lacs), though revenue from operations increased to Rs 27.93 Lacs from Rs 24.68 Lacs. The Board also re-appointed Mr. Abhishet Basu as Internal Auditor for FY 2026-27, based on the recommendation of the Audit Committee and Nomination & Remuneration Committee. The statutory auditors, A.O. Mittal & Associates LLP, issued an unmodified (clean) opinion on the financial statements. Mr. Basu holds a Bachelor's degree in finance with over 3 years of professional experience in financial analysis, risk management, and compliance assurance.
The decline in profitability, mainly due to reduced other income, is a minor concern but the clean audit opinion and operational revenue growth provide some comfort. The re-appointment of the internal auditor is a routine governance matter with no immediate impact on shareholders.