Wealth First Portfolio Managers Limited has informed the Exchange regarding Re-Appointment of M/s H D Panchal & Co. as Internal Auditor of the company w.e.f. May 29, 2026.
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Wealth First Portfolio Managers Limited reported strong FY2026 results with standalone revenue growing 21.8% to Rs. 6,339.67 Lacs and consolidated revenue growing 24.8% to Rs. 6,636.51 Lacs compared to FY2025. Standalone net profit rose to Rs. 4,022.98 Lacs (up 19.4%) while consolidated net profit stood at Rs. 3,628.34 Lacs (up 6.3%). The Board recommended a final dividend of Rs. 1 per share (10%) subject to shareholder approval. Additionally, the company re-appointed M/s H D Panchal & Co as internal auditor for FY2026-27, approved commission for Non-Executive Director Ms. Binal Bhukhanwala Gandhi, proposed increasing authorized share capital from Rs. 11 Crores to Rs. 12 Crores, and constituted an Investment Committee. Statutory auditor M/s Jaimin Deliwala & Co issued an unmodified (clean) opinion on both standalone and consolidated financial results.
The company demonstrated healthy revenue growth above 20% and strong profitability with positive operating cash flow of Rs. 7,154.64 Lacs. Clean audit opinion and dividend recommendation are positive signals for shareholders. The proposed capital increase suggests future expansion plans.