Appointment of P H P & Associates, Chartered Accountants as Internal Auditors of the Company for FY 2025-2026
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Valencia India Ltd's board met on September 1, 2025 and approved the audited financial results for FY ending March 31, 2025, posting a net profit of Rs. 88.64 lakhs (down from Rs. 122.66 lakhs in FY24) on revenue that grew substantially year-on-year. Total assets rose to Rs. 1,965.71 lakhs from Rs. 1,208.04 lakhs, though long-term borrowings jumped sharply to Rs. 532.16 lakhs from Rs. 114.41 lakhs. The board appointed P H P & Associates as internal auditor for FY 2025-26 and recommended M/s. Sonu Jain & Co. as secretarial auditor for five years. The 8th AGM is scheduled for September 30, 2025 in virtual mode, with e-voting running from September 27 to 29, 2025. Statutory auditor Doshi Doshi & Co issued an unmodified (clean) opinion on the results.
Routine governance updates with no leadership changes; FY25 net profit dipped despite revenue and asset growth, and the sharp rise in long-term borrowings signals increased leverage that investors should watch.