Appointment of Internal Auditor for Financial Year 2025-26.
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Yash Chemex Ltd reported audited standalone and consolidated financial results for Q4 and FY ending 31 March 2025, approved at a board meeting on 27 May 2025. Standalone profit before tax surged to Rs. 197.34 lakhs in FY25 from just Rs. 1.05 lakhs in FY24, while consolidated PBT rose to Rs. 388.06 lakhs from Rs. 9.89 lakhs. Total assets stood at Rs. 4,130.72 lakhs (standalone) and Rs. 8,510.81 lakhs (consolidated, including subsidiary Yasons Chemex Care Limited). The statutory auditor M/s S. L. Patel & Co. issued an unmodified opinion. The board also appointed M/s N. H. Desai & Co., Chartered Accountants (a firm founded in 2024) as internal auditor for FY 2025-26 and adopted an amended fair disclosure code for unpublished price sensitive information.
The sharp year-on-year jump in profitability is positive for shareholders, though the consolidated results show negative operating cash flow and a sharp drop in financing inflows. The internal auditor change is a routine governance step with no material impact on the stock.