The Board in their meeting held on November 12, 2025 approved the appointment of M/s N. A. Vakharia & Co, Chartered Accountants as the Internal Auditor of the Company for the financial year 2025-26.
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Sihora Industries' Board, at its meeting on November 12, 2025, approved the unaudited standalone financial results for the half year ended September 30, 2025. Revenue from operations rose about 26% to ₹838.14 lakh (from ₹662.73 lakh in the same period last year), but net profit declined roughly 23% to ₹64.05 lakh (from ₹83.02 lakh). The Board also appointed M/s. N. A. Vakharia & Co., Chartered Accountants, as the Internal Auditor for FY 2025-26 to comply with Section 138 of the Companies Act, 2013. The company operates in a single segment (textiles) and is listed on the SME exchange with no subsidiaries.
This is a routine corporate update — no major strategic change. Mixed financial picture: revenue growth is healthy, but margins and profits have shrunk, partly because total expenses grew faster than sales. Shareholders should note the profit decline and watch whether the new internal auditor appointment improves cost controls. Minimal immediate stock price impact expected.