Appointment of Secretarial Auditor and Internal Auditor
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The Board of Directors of United Van Der Horst Ltd approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025), reporting a strong performance. Revenue from operations rose to Rs. 909.31 lakhs from Rs. 570.26 lakhs in Q1 FY25 (about 59% growth), while net profit surged to Rs. 204.09 lakhs from Rs. 17.20 lakhs. EPS stood at Rs. 1.48 versus Rs. 0.14 in the same quarter last year. The Board declared an interim dividend of Rs. 1 per equity share (20% on face value of Rs. 5), with the record date set as August 21, 2025. Additionally, M/s. AVS & Associates was appointed as Secretarial Auditor for a five-year term (FY26 to FY30), and M/s. Ashish Swar & Associates was appointed as Internal Auditor for FY26. The company operates in marine engine parts, hydraulic/pneumatic cylinders, and flanged connectors.
Sharply higher profits, revenue growth, and a 20% interim dividend signal strong operational momentum and are positive for shareholders in the near term. The auditor appointments are routine governance steps, subject to shareholder approval at the upcoming AGM.