APPOINTMENT OF SECRERTRAILA AUDITORS
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Unjha Formulations Ltd's board, at its meeting on 16 May 2025, approved the audited financial results for Q4 and FY ended 31 March 2025. Revenue from operations stood flat at Rs. 1,849.06 lakhs versus Rs. 1,850.75 lakhs in FY24. Profit after tax rose to Rs. 40.76 lakhs from Rs. 27.79 lakhs in FY24, a growth of around 47%, though the company reported a loss of Rs. 40.64 lakhs in the standalone Q4 quarter. The statutory auditor (Jain & Golechha) issued an un-modified (clean) opinion with no Key Audit Matters flagged. The board also appointed M/s Ajay Parikh & Associates as Secretarial Auditor for a five-year term (FY26 to FY30), pending shareholder approval. The cash flow statement shows negative cash from operations of Rs. 10.43 lakhs for FY25.
Clean audit opinion and improved annual PAT are positives, but flat revenue, a Q4 standalone loss, and negative operating cash flow may concern investors looking for growth and cash generation. The secretarial auditor appointment is routine governance and should have no material effect on shareholders.