The re-appointment of M/s CNK & Associates LLP (ICAI Firm Registration (No.101961 W/W100036) as Statutory Auditors of the Company, for a second term of five consecutive years, starting ....
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The Board of Walchand Peoplefirst Ltd approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditors CNK & Associates LLP giving an unmodified opinion. Revenue from operations grew to Rs. 3,079.90 lakhs in FY25 from Rs. 2,615.55 lakhs in FY24, but profit before tax fell sharply to Rs. 214.02 lakhs from Rs. 453.52 lakhs, and EPS dropped to Rs. 5.17 from Rs. 11.76. The Board recommended a final dividend of Re. 1 per share (10%) subject to shareholder approval, with a record date of July 18, 2025 and payment from August 3, 2025. The 105th AGM is scheduled for July 31, 2025 via video conference. CNK & Associates LLP was re-appointed as statutory auditors for a second five-year term till 2030, M/s Nilesh Shah & Associates as secretarial auditors for FY26–FY30, and Mr. Joseph Andrew Jude Pereira as Independent Director for a second five-year term effective October 26, 2025.
Routine governance housekeeping with auditor and director continuity should be neutral for shareholders, but the sharp drop in profit and EPS year-on-year despite revenue growth may draw investor attention. The 10% dividend provides modest income support pending shareholder approval at the July AGM.