Re-appointment of Internal Auditor for the FY 2026-27
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vedavaag Systems Ltd's Board of Directors approved the audited financial results for Q4 and FY 2025-26, along with re-appointing M/s Naga Chaitanya and Associates as Internal Auditors for FY 2026-27. The company reported consolidated revenue of Rs 12,868.11 Lakhs, up 21.5% from Rs 10,593.04 Lakhs in the previous year. However, profit after tax declined significantly to Rs 520.28 Lakhs from Rs 841.32 Lakhs (down 38%), reflecting margin pressure. The statutory auditors M/s PARY & Co. issued an unmodified opinion on both standalone and consolidated results. The company operates in IT & ITES and System Integration segments.
The revenue growth shows business expansion, but the sharp decline in profitability may concern investors. The continuation of the same internal auditor indicates stability in internal controls governance.