Appointment of Cost Auditor for the Financial Year 2025-26
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Awaiting price reaction for this filing.
Super Sales India Ltd reported a sharp swing to losses for FY25, with a net loss of Rs. 175.88 lakhs versus a profit of Rs. 1,986.72 lakhs in FY24. Revenue from operations fell to Rs. 40,377.49 lakhs from Rs. 41,918.39 lakhs, while Q4 FY25 posted a loss of Rs. 161.91 lakhs. The Board has recommended a final dividend of Rs. 2.50 (25%) per share of Rs. 10 face value, subject to shareholder approval at the AGM on July 21, 2025. The Board re-appointed Sri. G. Sivagurunathan as Cost Auditor for FY 2025-26 and Sri M R L Narasimha as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). The statutory auditors issued an unmodified opinion, and the company confirmed it does not qualify as a Large Corporate under SEBI norms.
Shareholders will receive a Rs. 2.50 per share dividend if approved, but the sharp fall from profit to loss and revenue decline may weigh on sentiment. The re-appointments of auditors are routine governance steps and not material to stock price.