Re-appointment of M./s. Sinharay & Co, Chartered Accountants as the Internal Auditor for the Financial Year 2025-2026.
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The board of Trishakti Industries Limited, at its meeting on April 28, 2025, approved the audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2025, with the statutory auditors (G. Basu & Co.) issuing an unmodified opinion. On a consolidated basis, FY25 revenue was Rs 1,702.40 lacs vs Rs 13,496.22 lacs in FY24, while net profit jumped to Rs 357.60 lacs from Rs 70.14 lacs, as the low-margin 'Others' segment shrank sharply and the new Heavy Equipment Hiring segment (Rs 547.36 lacs revenue) contributed to profits. The board also appointed M/s. MKB & Associates as Secretarial Auditor for five years (from April 1, 2025) and re-appointed M/s. Sinharay & Co as Internal Auditor for FY 2025-26, plus approved an updated Related Party Transaction Policy.
Profitability improved sharply despite a steep revenue drop, indicating a shift away from low-margin trading activity toward higher-margin segments like Heavy Equipment Hiring and Commission & Consultancy — a positive structural change for shareholders. Routine auditor re-appointments and policy updates are governance-neutral and unlikely to move the stock on their own.