Recommend the appointment of Statutory Auditors of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Super Sales India Ltd has recommended appointing M/s S Krishnamoorthy & Co as the new Statutory Auditor for 5 years starting FY 2026-27. The current auditors M/s Subbachar & Srinivasan are retiring after completing two consecutive 5-year terms. For FY 2025-26, the company reported revenue from operations of Rs 41,053.64 Lakhs (up 1.68% from Rs 40,377.49 Lakhs), with PBT of Rs 796.18 Lakhs turning profitable from a loss of Rs 172.41 Lakhs in the previous year. PAT came in at Rs 356.56 Lakhs versus a loss of Rs 175.88 Lakhs last year. EPS improved to Rs 11.61 from negative Rs 5.73. The Board also recommended a dividend of Rs 2.50 per share (25%). Total Comprehensive Income was negative at Rs 7,745.95 Lakhs due to significant negative Other Comprehensive Income of Rs 8,102.51 Lakhs. Auditors issued an unmodified (clean) opinion.
The change in statutory auditors is routine after the completion of their tenure. Positive PAT turnaround and dividend recommendation are shareholder-friendly, though flat revenue growth and negative total comprehensive income warrant caution.