The Board has approved the appointment of M/s. Vinod Kothari & Company, Practicing Company Secretaries as Secretarial Auditors for a period of 5 consecutive years commencing from FY 2025-2026.
Awaiting price reaction for this filing.
Narayana Hrudayalaya's Board approved audited financial results for FY ended March 31, 2025, with standalone revenue from operations rising ~10% to Rs. 3,590 crore and net profit growing modestly to Rs. 431 crore (vs Rs. 425 crore in FY24). Statutory auditor Deloitte Haskins & Sells LLP issued an unmodified opinion on the financials. The Board recommended a final dividend of Rs. 4.50 per share, with record date fixed as August 1, 2025 and AGM scheduled for August 29, 2025. The Board also approved raising up to Rs. 1,500 crore of debt securities (including NCDs) on a private placement basis, subject to shareholder approval. Additionally, M/s. Vinod Kothari & Company was engaged as Secretarial Auditor for a 5-year term starting FY 2025-26.
The double-digit revenue growth and steady dividend signal operational stability, though net profit growth was thin. The Rs. 1,500 crore debt-raising approval may lead to higher finance costs going forward, while the secretarial auditor appointment is a routine governance matter requiring shareholder nod at the AGM.