Mardia Samyoung Capillary Tubes Reports Unaudited Financial Results for Quarter Ended September 30, 2025

Mardia Samyoung Capillary Tubes Company Limited's Board approved unaudited standalone financial results for the period ended September 30, 2025, with statutory auditors issuing an unmodified limited review report. The company declared that the financial statements contain no false or misleading information and confirmed the auditor's unqualified opinion on the quarterly results.

Mardia Samyoung Capillary Tubes Reports Net Loss in Latest Quarterly Results

Mardia Samyoung Capillary Tubes Company Limited announced its unaudited standalone financial results for the period ended September 30, 2025. The company reported a net loss after tax of Rs. 21.16 lakhs compared to a net loss of Rs. 156.38 lakhs in the corresponding period of the previous year. Total revenue from operations stood at Rs. 976.2 lakhs. The company's cash flow from operating activities showed a negative Rs. 3.48 lakhs for the six months ended September 30, 2025, compared to negative Rs. 253.46 lakhs in the previous year. The board meeting was held on November 11, 2025, and the results were approved by the directors. The statutory auditors SK Bhavsar Co. issued a limited review report with unmodified opinion on the financial results.

Mardia Samyoung Capillary Tubes Company's Statutory Auditor Resigns Due to Pre-Occupation

M/s Agrawal Agrawal Associates resigned as statutory auditor of Mardia Samyoung Capillary Tubes Company Limited effective November 3, 2025, citing pre-occupation with other professional work. The auditing firm was appointed for a five-year term from September 30, 2022, through the conclusion of the Annual General Meeting in 2026-27. The auditor had issued an unmodified opinion on the audited financial statements for the year ended March 31, 2025, and a limited review report for the quarter ended June 30, 2025. The company's Board of Directors acknowledged the resignation and expressed appreciation for the auditor's guidance during their tenure. The auditor confirmed there were no other material reasons for the resignation beyond those stated.

Mardia Samyoung Capillary Tubes Appoints M/S. SK Bhavsar & Co. as Statutory Auditor

Mardia Samyoung Capillary Tubes Company Limited appointed M/S. SK Bhavsar & Co. Chartered Accountants (Firms Registration No. 0145880W) as the company's statutory auditor. The appointment was approved by the board of directors based on the audit committee's recommendation and will remain effective until the conclusion of the ensuing general meeting. The company issued a revised board meeting outcome on November 5, 2025, to correct a clerical error regarding the auditor's tenure from the original outcome dated November 3, 2025. M/S. SK Bhavsar & Co. is described as a team of professionals offering services in tax consultancy, auditing and assurance, accounts, corporate laws, and project finance across India.

Mardia Samyoung Capillary Tubes' Statutory Auditor Resigns Due to Preoccupation

Mardia Samyoung Capillary Tubes Company Limited announced that M/s Agrawal Agrawal Associates has resigned as the company's statutory auditor effective from the end of business hours on November 3, 2025. The auditing firm cited preoccupation as the reason for their resignation. The company's Board of Directors has acknowledged the resignation and expressed appreciation for the auditor's guidance and contribution during their tenure.