Eureka Forbes Limited — Others, 16-05-2025: Change in Auditors

Eureka Forbes has approved the audited consolidated financial results, reporting a revenue rise to ₹2,436 Cr and profit after tax increasing to ₹164.41 Cr. Senior management changes include Rakesh Moza as Chief Sales Officer and Nithyanand Shankar taking charge of the After-Market Business as Chief Business Officer. New auditors have been appointed for secretarial, cost, and internal audits. The company plans to close its Dubai subsidiaries voluntarily. An exceptional expense of ₹8.83 Cr reflects phasing out obsolete products, partially offset by insurance claims. Employee benefits include ₹22.09 Cr in share-based payments. Focus remains on health and hygiene products with stable growth and strong equity reserves.