Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we have enclosed herewith the disclosure regarding the re-appointment of the Internal Auditor for the financial year 2026-27.
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Sumedha Fiscal Services Ltd reported audited FY26 results with total income of Rs. 11,024.24 Lakhs, up 4.6% from Rs. 10,541.96 Lakhs in FY25. However, standalone profit after tax declined sharply to Rs. 237.62 Lakhs from Rs. 658.64 Lakhs in the previous year, a drop of about 64%. The company's operating cash flow turned negative at Rs. 282.77 Lakhs compared to positive Rs. 250.00 Lakhs in FY25. Standalone EPS declined to Rs. 2.98 from Rs. 8.25. The Board recommended a dividend of Re. 1 per equity share (same as last year). Statutory auditors V. Singhi & Associates gave an unmodified (clean) opinion on both standalone and consolidated financial statements. The company re-appointed M/s ALP & Associates as internal auditor for FY27.
The sharp decline in profitability and negative operating cash flow are concerning signals despite revenue growth. Shareholders may see pressure on the stock price, though the clean audit opinion and maintained dividend provide some stability.