Rishi Laser Ltd — Board Meeting, 20-05-2025: Board Meeting

Rishi Laser Limited has announced a board meeting approving the audited financial results for the quarter and year ended 31st March 2025. The company reported revenue from operations of Rs. 3707 lakhs and a profit after tax of Rs. 825.28 lakhs for the year. The board reappointed Sudhanwa S Kalamkar & Associates as Secretarial Auditor, P.K. Chatterjee & Associates as Cost Auditor, and appointed P.C. Chhajed & Co. as Internal Auditor for FY 2025-26. The company completed a revaluation of freehold land, recording an upward adjustment of Rs. 640.09 lakhs in other comprehensive income. Statutory auditor Shah Mehta & Bakshi issued an unmodified opinion on the financials. The company also received Rs. 3 crore as upfront consideration from a preferential issue of shares, which is being used for expansion and corporate purposes.