Zeal Aqua appoints M/s. GRR & Co. as internal auditor for FY2026-27

1 min read     Updated on 29 May 2026, 12:55 AM
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Zeal Aqua Limited has appointed M/s. GRR & Co., Chartered Accountants, as its internal auditor for FY2026-27 onwards. The Board approved the appointment on May 28, 2026, under SEBI LODR regulations.

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Zeal Aqua Limited has appointed M/s. GRR & Co., Chartered Accountants, as its internal auditor for the financial year 2026-27 onwards. The decision was taken by the Board of Directors at its meeting held on May 28, 2026, to strengthen the company's internal controls and compliance framework.

The appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. GRR & Co. brings experience in audit, taxation, internal controls, and advisory services to the role.

The disclosure regarding the appointment was submitted to BSE Limited. The term of the appointment commences from May 28, 2026, and will continue for the financial year 2026-27 onwards.

Details of Appointment

Sr. No. Particular Details
1. Reason for change Appointment of M/s. GRR & Co., Chartered Accountants, as Internal Auditors of the Company
2. Date of appointment May 28, 2026
3. Term of Appointment Appointed as Internal Auditors of the Company for Financial Year 2026-27 onwards
4. Brief Profile M/s. GRR & Co. are a firm of Chartered Accountants having experience in audit, taxation, internal controls and advisory services
5. Disclosure of Relationships between Directors N.A.

Historical Stock Returns for Zeal Aqua

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%-13.39%-14.65%+7.85%-1.05%+78.02%

What specific internal control weaknesses prompted the change in auditor?

How will this appointment impact Zeal Aqua's operational efficiency?

Will the new auditor recommend changes to financial reporting practices?

Zeal Aqua FY26 net profit rises 40% to ₹141.11 crore

1 min read     Updated on 29 May 2026, 12:46 AM
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Zeal Aqua Limited reported a 40.3% rise in net profit to ₹141.11 crore for FY26, with revenue increasing 30.5% to ₹6,675.09 crore. The Board approved audited standalone financial results on May 28, 2026, with an unmodified opinion from statutory auditors. For Q4FY26, net profit declined to ₹20.38 crore.

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Zeal Aqua Limited reported a 40.3% rise in net profit to ₹141.11 crore for the financial year ended March 31, 2026, compared to ₹100.59 crore in the previous year. Revenue from operations increased 30.5% to ₹6,675.09 crore from ₹5,113.20 crore in FY25. The company’s total income for the year stood at ₹6,859.59 crore.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. Statutory auditors D C Jariwala & Co. issued an unmodified opinion on the financial results. The company also appointed M/s. GRR & Co., Chartered Accountants, as internal auditors for the financial year 2026-27 onwards.

For the quarter ended March 31, 2026, net profit stood at ₹20.38 crore, a decline from ₹54.23 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹1,368.57 lakh, compared to ₹969.41 lakh in the same period last year. Total expenses for the quarter were ₹1,417.09 lakh.

The company’s earnings per share (EPS) for the full year improved to ₹1.12 basic and ₹1.12 diluted from ₹0.80 basic and ₹0.80 diluted in the previous year. The debt-equity ratio improved to 1.803 as of March 31, 2026, from 1.926 a year ago.

Financial Highlights for FY26

Particulars Year Ended March 31, 2026 (₹ Lakh) Year Ended March 31, 2025 (₹ Lakh)
Revenue from Operations 66,750.922 51,132.023
Total Income 68,595.949 52,100.522
Total Expenses 66,634.028 50,611.609
Profit for the Period 1,411.127 1,005.933
Basic EPS 1.119 0.798

Quarterly Performance (Q4FY26)

Particulars Quarter Ended March 31, 2026 (₹ Lakh) Quarter Ended March 31, 2025 (₹ Lakh)
Revenue from Operations 13,685.651 9,694.130
Total Income 14,429.500 9,871.430
Total Expenses 14,170.892 9,329.152
Profit for the Period 203.818 542.278

The statement of assets and liabilities as of March 31, 2026, showed total assets of ₹3,407.38 lakh, up from ₹3,312.36 lakh in the previous year. Total equity increased to ₹1,032.55 lakh from ₹891.20 lakh. The company reported no investor complaints for the quarter.

Historical Stock Returns for Zeal Aqua

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%-13.39%-14.65%+7.85%-1.05%+78.02%

What factors contributed to the sharp decline in Q4 net profit despite a rise in revenue?

How does Zeal Aqua plan to further reduce its debt-equity ratio in the upcoming fiscal year?

What are the company's capital allocation strategies following the strong full-year performance?

More News on Zeal Aqua

1 Year Returns:-1.05%