Veer Energy & Infrastructure Limited has appointed M/s. Vivek P. Joisar & Co. as its internal auditor for the financial year 2026-2027. The appointment is effective from May 30, 2026, pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The board of Veer Energy & Infrastructure Limited approved the appointment to strengthen the company's internal audit framework. The firm will serve for the duration of the upcoming financial year.

Profile of the Auditor

M/s. Vivek P. Joisar & Co. was established in 2017. The firm's associates possess combined experience exceeding five years in various domains, including:

• Finance
• Auditing & Assurance
• Taxation
• ERP Implementation
• Transaction advisory services
• Business support services

Key Information

Veer Energy & Infrastructure Limited reported a net profit of ₹19.54 lakh for the financial year ended March 31, 2026, compared to ₹18.44 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026 at a meeting held on May 30, 2026. To conserve resources, the board has not recommended any dividend on equity shares for FY26.

Financial Performance

Revenue from operations for the year stood at ₹454.86 lakh, a decrease from ₹1032.24 lakh in FY25. Total revenue for FY26 was ₹812.35 lakh, down from ₹1366.39 lakh in the prior year. The company reported a profit before tax of ₹25.24 lakh for the year, slightly higher than the ₹24.91 lakh recorded in the previous year.

For the quarter ended March 31, 2026, the company reported a net loss of ₹62.07 lakh, compared to a loss of ₹56.56 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹82.84 lakh, while total revenue was ₹228.83 lakh.

Segment and Assets

The company operates in a single segment, Infrastructure. Total assets as of March 31, 2026, were ₹7052.71 lakh, compared to ₹7235.59 lakh a year ago. Net worth stood at ₹6296.77 lakh as of March 31, 2026.

Auditor's Report

M/s. Jayesh R. Shah & Co., Statutory Auditors, issued an unmodified opinion on the standalone financial results. The auditors confirmed that the results give a true and fair view in conformity with Indian Accounting Standards. The trading window, which was closed from April 1, 2026, will reopen on June 2, 2026.