Appointment of Secretarial Auditor/Internal Auditor/Cost auditor for FY 2025-26
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Board approved audited standalone and consolidated financial results for FY ended March 31, 2025, with statutory auditors (Jain Chhajed & Associates) issuing an unmodified (clean) opinion. Standalone revenue from operations grew to Rs. 69,720 lakhs from Rs. 53,108 lakhs YoY (~31% growth), while profit after tax rose to Rs. 1,413 lakhs from Rs. 1,013 lakhs (~39% growth); EPS stood at Rs. 5.31 vs Rs. 4.38. The board appointed Prachi Bansal & Associates as Secretarial Auditor (for FY25 and re-appointed for FY26–FY30), Pooja M. Kulkarni & Co. as Internal Auditor for FY26, and KPMSS & Associates as Cost Auditor for FY26. Additionally, the company will raise its stake in subsidiary Virtuoso Compressors Pvt Ltd from 65% to 90% by buying 25,000 shares from Managing Director Sukrit Bharati at face value (Rs. 10 each).
Strong FY25 earnings — revenue up ~31% and PAT up ~39% YoY, supported by a clean audit report — are positive for shareholders and likely to be viewed favorably by the market. The auditor appointments are routine and governance-neutral, while the increased stake in the compressor subsidiary consolidates control and signals business expansion into a new product line.