Announced Tue, 27 May · 14:38 IST

Reappointment of Internal Auditors and Secretarial Auditors for the FY 2025-26.

Management Changes View source PDF

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AI summary

The Board of Techknowgreen Solutions, at its meeting on May 27, 2025, approved audited financial results for the year ended March 31, 2025, with an unmodified audit opinion from Vishwas & Associates. On a standalone basis, revenue from operations grew to Rs 3,298.65 lakhs (up about 41% from Rs 2,344.57 lakhs last year), while profit after tax rose to Rs 765.80 lakhs (vs Rs 610.71 lakhs), translating to an EPS of Rs 10.37 (vs Rs 8.27). Consolidated PAT stood at Rs 758.35 lakhs with EPS of Rs 10.27, marking the first year of consolidation including newly formed subsidiaries in Singapore and the USA. The Board also re-appointed Kulkarni Pore and Associates LLP as Secretarial Auditor and Patil Lakhotia & Associates as Internal Auditor for FY 2025-26, and approved a Postal Ballot to seek shareholder consent for material related party transactions with Anaya Consultancy Services.

Likely market impact

Strong revenue and profit growth on both standalone and consolidated bases is a positive signal for shareholders, though net profit margin dipped due to higher employee costs, depreciation from new assets, and prior-year tax adjustments. The Postal Ballot on related party transactions with Anaya Consultancy Services is worth watching closely, as related-party deals can carry governance implications.