Medico Remedies Limited — Others, 08-05-2025: Appointment

Medico Remedies Ltd. has announced a board meeting on which approved the financial results for the quarter and half-year. The company posted revenue from operations of Rs. 4,130.33 lakh for the quarter and Rs. 15,094.06 lakh for the year, with profits after tax of Rs. 434.09 lakh and Rs. 1,009.32 lakh, respectively. The audit concluded with an unmodified opinion by the outgoing auditor VJ Shah & Co., whose term ended. Shah Shroff & Associates has been appointed as the new statutory auditor for five years, along with Mr. Haresh Sanghvi as secretarial auditor, both pending shareholder approval. Total assets increased to Rs. 11,979.93 lakh, indicating strong asset growth.