Tilaknagar Industries Limited has informed the Exchange about re-appointment of Internal Auditors and Cost Auditors
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The Board approved audited consolidated and standalone financial results for Q4 and FY ended March 31, 2025. FY25 consolidated revenue from operations rose to Rs. 3,17,461.49 lakhs (vs Rs. 2,95,826.04 lakhs in FY24), with profit after tax jumping to Rs. 22,959.29 lakhs (vs Rs. 13,801.10 lakhs) and basic EPS of Rs. 11.89 (vs Rs. 7.23). The Board recommended a dividend of Rs. 1 per share (10%) for FY25, subject to shareholder approval. It also approved the re-appointment of CMD Mr. Amit Dahanukar (retiring by rotation) and Mrs. Shivani Amit Dahanukar (his wife) as Executive Director for three years from June 1, 2025. Additionally, M/s. Akord & Co. was re-appointed as Internal Auditor and CY & Associates as Cost Auditor for FY26. The company allotted 1,79,800 equity shares under ESOP schemes, raising paid-up capital to Rs. 19,38,13,750 shares. The statutory auditor issued a qualified opinion citing non-assessment of impairment on an idle ENA plant.
Strong financial performance with profit more than 60% higher year-on-year and a modest dividend declaration are positive signals for shareholders. The qualified auditor opinion on the ENA plant impairment is a minor governance red flag but management expects to restart operations. Re-appointment of the promoter family director signals continued family control, while ESOP allotment leads to slight equity dilution.