Uma Converter Limited — Others, 29-05-2025: Change in Management

UMA Converter Limited has announced a board meeting on the financial results for the quarter and half-year. The company’s net profit declined to Rs. 270.32 lakh from Rs. 418.82 lakh year-on-year, despite revenue rising to Rs. 227.54 crore from Rs. 181.02 crore, boosted by higher sales volume. The audit concluded with a clean opinion. New internal auditors, M/s Rajendra R Jain & Co., were appointed for FY 2025-26, along with M/s VISN & Associates LLP as secretarial auditors for five years, pending shareholder approval. Reduced borrowings indicate stable financial health.