Appointment of Secretarial Auditor
SUPREMEIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Supreme Industries approved audited financial results for Q4 and FY ended March 31, 2025. Consolidated revenue for FY25 grew ~3% YoY to Rs. 10,446 crores, while consolidated PAT declined ~10% to Rs. 961 crores (EPS Rs. 75.64 vs Rs. 84.21). Plastic goods sales volume rose ~5% to 6,74,510 MT. A final dividend of Rs. 24 per share (1200%) has been recommended, taking total FY25 dividend to Rs. 34 per share (vs Rs. 30 last year), with total outflow of Rs. 432 crores. The Board also appointed M/s. V Laxman & Co as Secretarial Auditors for 5 years and M/s. Kishore Bhatia & Associates as Cost Auditors for FY26. The 83rd AGM is scheduled for June 27, 2025. Statutory auditor Lodha & Co LLP issued an unmodified opinion on the results.
Positive for shareholders due to a higher total dividend (Rs. 34 vs Rs. 30 per share), but profit decline YoY may cap near-term upside. The auditor appointments are routine governance actions with no negative implications.