Re-appointment of Cost Auditor, Internal Auditor and Tax Auditor for the FY 2026-27
TTKPRESTIG · price
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TTK Prestige reported audited financial results for FY 2025-26 with standalone revenue of Rs 2,772.69 crore, up 9.6% from Rs 2,530.32 crore in the previous year. Net profit grew 14% to Rs 185.47 crore from Rs 162.68 crore, while EPS improved to Rs 13.54 from Rs 11.81. The Board recommended a dividend of Rs 7.50 per share (750%) for FY 2025-26, subject to shareholder approval at the AGM on August 4, 2026. Three auditor appointments were made for FY 2026-27: Ms. Jayanthi Hari as Cost Auditor (new appointment), M/s. S Viswanathan LLP as Internal Auditor, and Mr. R V Krishnan as Tax Auditor. Additionally, Mr. T T Raghunathan, Non-Executive Chairman and Promoter Director, who will turn 75 in July 2027, was approved for continuation beyond age 75, requiring a special shareholder resolution.
Strong operational performance with double-digit profit growth and a generous dividend signals healthy fundamentals. The director age waiver is routine governance matter requiring shareholder approval. No immediate concerns for shareholders from this filing.