Stel Holdings Limited — Others, 19-05-2025: Change in Auditors

STEL Holdings Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The company reported total income of ₹13.44 Cr for the quarter and ₹21.91 Cr for the year, with net profit of ₹9.98 Cr quarterly and ₹15.88 Cr annually (standalone). Consolidated net profit was similar. However, other comprehensive income showed a substantial loss, pulling total comprehensive income down to around -₹83.72 Cr quarterly and -₹249.42 Cr annually. The Board appointed M/s. SEP & Associates as Secretarial Auditors for five years from FY2025-26, pending shareholder approval. The company holds strong investment assets of about ₹1,884 Cr standalone, underscoring its focus on investment activities.