Prismx Global Ventures secretarial auditor resigns

1 min read     Updated on 12 Jun 2026, 05:02 PM
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Naman SScanX News Team
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Prismx Global Ventures Limited announced the resignation of its Secretarial Auditor, M/s HRU & Associates, effective June 12, 2026. The resignation was attributed to other pre-occupations, with no material concerns cited. The company's Board will appoint a new auditor in due course.

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Prismx Global Ventures Limited disclosed that its Secretarial Auditor, M/s HRU & Associates, has resigned effective June 12, 2026. The resignation was submitted via a letter dated June 12, 2026, citing other pre-occupations in other assignments as the reason for the departure. The company confirmed that the resignation was accepted with immediate effect and that there were no material reasons or concerns raised by the auditor regarding the management of the company.

The resignation was intimated to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing noted that the Audit Committee and the Board of Directors will consider the appointment of a new secretarial auditor in due course. The company stated that the new appointment would be intimated to the exchange once finalized.

The outgoing auditor, M/s HRU & Associates, was serving as the Practicing Company Secretaries for the financial year 2025-26. The firm provided its Membership No. 46800 and Certificate of Practice (COP) No. 20259 in the regulatory filing. The resignation letter addressed to the Board of Directors specifically requested the acceptance of the resignation from the financial year 2025-26 due to personal reasons and the current situation.

The following table details the specifics of the resignation event as provided in the regulatory filing:

Details of events Information of such event(s)
Name of the Secretarial Auditor M/s HRU & Associates Practicing Company Secretaries
Reason for change Resignation: Resigned due to other pre-occupations in other assignments
Date of Resignation 12 June, 2026
Brief profile Not Applicable
Disclosure of relationship between directors Not Applicable

Historical Stock Returns for Prismx Global Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.67%-3.17%-11.59%-10.29%-23.75%-91.24%

Who will Prismx Global Ventures appoint as the new secretarial auditor to fill the vacancy?

How will the transition impact the company's compliance and reporting timelines for the remainder of FY 2025-26?

Will the resignation lead to any delays in upcoming regulatory filings or board meetings?

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Prismx FY26 Net Profit Surges to ₹613.18 Lakh

1 min read     Updated on 21 May 2026, 10:07 PM
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Shriram SScanX News Team
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Prismx Global Ventures reported a net profit of ₹220.714 lakh for Q4 FY26, reversing a loss in the previous year. Annual net profit surged to ₹613.183 lakh for FY26 from ₹71.070 lakh in FY25. Consolidated net profit for the year stood at ₹609.127 lakh.

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Prismx Global Ventures has reported its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 21, 2026. The statutory auditors issued an unmodified opinion on the financial statements.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹220.714 lakh, a significant turnaround from the net loss of ₹211.680 lakh in the same period of the previous year. Total revenue for the quarter stood at ₹71.320 lakh, compared to a negative total revenue of ₹172.722 lakh in Q4 FY25. For the full year ended March 31, 2026, the net profit surged to ₹613.183 lakh, up from ₹71.070 lakh in the previous year. Total annual revenue increased to ₹1,482.740 lakh from ₹1,466.510 lakh in FY25.

Operational Metrics

The company operates in three business segments: Commodity Trading, Finance Business, and Other Operating Business. The Finance Business segment reported income of ₹37.185 lakh for the quarter and ₹174.730 lakh for the year. The company's earnings per share (EPS) for the year ended March 31, 2026, was ₹0.140 on a basic and diluted basis, compared to ₹0.016 in the previous year.

Consolidated Results

On a consolidated basis, including subsidiary Tmart Platform Private Limited, the company reported a net profit of ₹219.556 lakh for Q4 FY26 against a loss of ₹192.205 lakh in the corresponding quarter of the previous year. For the full year, the consolidated net profit stood at ₹609.127 lakh, an increase from ₹58.237 lakh in FY25. Total consolidated revenue for the year was ₹1,487.861 lakh.

Parameter Q4 FY26 (₹ in Lakhs) Q4 FY25 (₹ in Lakhs) FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Revenue 71.320 (172.722) 1,482.740 1,466.510
Total Expenses 189.177 20.065 1,120.854 1,292.155
Net Profit/(Loss) 220.714 (211.680) 613.183 71.070
EPS (Basic) 0.050 (0.048) 0.140 0.016

Historical Stock Returns for Prismx Global Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.67%-3.17%-11.59%-10.29%-23.75%-91.24%

How does Prismx Global Ventures plan to sustain its dramatic profit turnaround in FY27, particularly given the volatile nature of its Commodity Trading segment?

What strategic role will subsidiary Tmart Platform Private Limited play in driving future revenue growth, and are there plans for further acquisitions or expansions?

Given the significant improvement in EPS from ₹0.016 to ₹0.140, will the Board consider initiating or increasing dividend payouts to shareholders in the coming fiscal year?

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1 Year Returns:-23.75%