Outcome of Board Meeting

The Board of Directors of Swashthik Plascon Ltd approved audited standalone and consolidated financial results for the half-year and year ended March 31, 2025. On a standalone basis, revenue from operations fell to ₹4,313.02 lakhs from ₹4,909.02 lakhs, while profit after tax rose modestly to ₹570.80 lakhs from ₹521.95 lakhs, taking EPS to ₹3.25. On a consolidated basis, revenue from operations grew to ₹14,359.76 lakhs from ₹12,627.40 lakhs (up ~13.7%), but profit after tax slipped to ₹695.79 lakhs from ₹753.06 lakhs, with EPS easing to ₹3.57. Operating cash flow was deeply negative on both bases, at -₹1,912.20 lakhs consolidated and -₹904.18 lakhs standalone, a worsening trend versus the prior year. The Board also appointed Mr. Surya Kumar Nagarajan as the new CFO, V Deepak & Associates as Internal Auditor for FY26, and Dilip Swarnkar & Associates as Secretarial Auditor for FY26–FY30. The auditor issued an unmodified opinion but flagged in an 'Other Matter' paragraph that the company did not enable the audit trail (edit log) feature in its accounting software as required under the Companies (Accounts) Rules, 2014. (Note: the filing header briefly references a 'modified opinion,' which appears to be a wording inconsistency — the actual auditor opinion and the company's separate Reg 33(3)(d) declaration both confirm an unmodified opinion.)