Salona Cotspin Limited — Others, 28-05-2025: Change in Auditors

Salona Cotspin Limited has announced a board meeting and approved the financial results for the quarter and year ended March 31, 2025, reporting a net profit of Rs. 3.13 Cr for the year, down from Rs. 6.13 Cr the previous year. Total income reached Rs. 7.23 Cr, while operating expenses increased. The company declared a 10% dividend of Rs. 1 per share, pending shareholder approval. It re-appointed its Internal and Cost Auditors and appointed a new Secretarial Auditor for five years. The auditors gave a clean opinion on the financial statements.