Misquita Engineering Limited Announces Audited Financial Results and Internal Auditor Appointment
K N Mishra
30/May/2025

What's covered under the Article:
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The Board approved audited financial results and auditor’s report for half year and full year ended March 31, 2025, ensuring compliance with SEBI regulations.
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Appointment of M/s. Yogesh Bhuva & Co., Chartered Accountants, as the Internal Auditor for FY 2025-26 was approved with details on their profile and scope of work.
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The Board meeting timeline and procedural details are disclosed along with auditors’ opinion confirming true and fair financial reporting.
Misquita Engineering Limited, a manufacturer of precision machined components, announced key decisions taken at its Board Meeting held on May 30, 2025. The meeting commenced at 2:30 PM and concluded at 3:30 PM.
The Board considered and approved the Audited Financial Results for the half year and full financial year ended March 31, 2025. Alongside, the Board took on record the Auditor’s Report confirming that the financial statements present a true and fair view of the company’s financial position and performance in accordance with applicable accounting standards and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Financial Highlights from the audited results include:
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Total income from operations reported at Rs. 1,019.05 Lakhs for the year ended March 31, 2025.
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Expenses, employee benefits, and changes in inventory were duly accounted, reflecting the company's operational performance for the period.
The Independent Auditor’s Report was issued by Jay Gupta & Associates, Chartered Accountants, Kolkata, who confirmed their audit in line with Standards on Auditing and Companies Act, 2013. The auditors expressed an unmodified opinion, confirming that the results are free from material misstatements and prepared on a going concern basis.
Additionally, the Board approved the appointment of M/s. Yogesh Bhuva & Co., Chartered Accountants as the company’s Internal Auditor for FY 2025-26. This appointment is in compliance with Section 138 of the Companies Act, 2013, mandating internal audit functions for companies of this category.
Profile of M/s. Yogesh Bhuva & Co:
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Established in 2019, headquartered in Mumbai.
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Provides audit, accounting outsourcing, direct and indirect taxation, company law compliance, and management consultancy.
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Collaborates with firms of Chartered Accountants, management consultants, and company secretaries to offer comprehensive services.
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No relationships with company directors have been reported, ensuring independence and objectivity.
The Board meeting also confirmed that the remuneration and terms of the Internal Auditor appointment were mutually agreed upon by the Board and the firm.
The company has requested the BSE Listing Compliance Department to take note of the disclosures for record-keeping and regulatory compliance purposes.
This announcement reinforces Misquita Engineering Limited’s commitment to transparency, compliance with regulatory standards, and strong governance practices in financial reporting and internal controls.
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