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Iykot Hitech Toolroom LtdResults, 22-05-2025: Result

22-05-2025 | 05:56 pm

Iykot Hitech Toolroom has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported revenue from operations of Rs. 5.01 Cr and other income of Rs. 0.09 Cr for the year, with total expenses exceeding income, resulting in a net loss of Rs. 1.05 Cr. It has appointed M/s A. Arul Anto & Co as Internal Auditor for FY 2025-26 and M/s Lakshmmi Subramanian & Associates as Secretarial Auditor for a five-year term, subject to shareholder approval. There was no deviation in utilization of proceeds from its rights issue. The statutory auditor KGS & Associates issued an unmodified opinion on the standalone financial statements. The company’s paid-up equity capital is Rs. 4.82 Cr and net worth Rs. 2.64 Cr, exempting it from certain corporate governance compliances.

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