OUTCOME OF BOARD MEETING FOR FINANCIAL RESULT AND APPOINTMENT OF SECRETARIAL AND INTERNAL AUDITORS
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T & I Global Ltd's board, at its May 30, 2025 meeting, approved the audited annual financial results for FY25 along with the auditors' report carrying an unmodified opinion from Agarwal & Associates. The board also appointed M/s Smita Sharma & Associates as Secretarial Auditors for a five-year term (FY26–FY30), subject to shareholder approval, and S Tulsyan & Associates as Internal Auditors for FY26. For FY25, revenue from operations fell sharply to Rs 2,680.06 lakhs from Rs 18,349.64 lakhs in FY24, but profit after tax rose to Rs 993.92 lakhs (EPS Rs 19.61) from Rs 408.06 lakhs (EPS Rs 8.05), partly aided by exceptional items of Rs 271.11 lakhs (advances written off). The Tea Machinery segment continues to dominate, contributing Rs 16,761.26 lakhs of segment revenue in FY25 versus Rs 1,588.38 lakhs from Tea Manufacturing.
The dramatic revenue drop with a simultaneous profit jump warrants closer scrutiny — shareholders should look for management commentary explaining why top-line shrank ~85% while bottom-line more than doubled. The new auditor appointments are routine governance items and carry no immediate price impact.