Mirza International Appoints New Internal Auditor for FY2025-26

1 min read     Updated on 08 Nov 2025, 02:51 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Mirza International Limited's Board of Directors has approved the appointment of Mr. Prakhar Pratap Singh as the new Internal Auditor for the financial year 2025-26, effective immediately. Mr. Singh, with over two decades of experience in finance and accounting, replaces Ms. Prachi Mishra, who resigned from her position as AGM-Accounts and Internal Auditor. The decision was made during a Board meeting on November 8, 2025, and has been communicated to stock exchanges in compliance with SEBI regulations.

24139302

*this image is generated using AI for illustrative purposes only.

Mirza International Limited , a prominent player in the footwear industry, has announced a significant change in its internal audit leadership. The company's Board of Directors has approved the appointment of Mr. Prakhar Pratap Singh as the new Internal Auditor for the financial year 2025-26, effective immediately.

New Appointment

Mr. Singh, who currently heads Finance & Accounts at Unit-2, Unnao, brings over two decades of experience in finance and accounting to his new role. His expertise lies in providing independent assurance for organizations' risk management, governance, and control processes. In his capacity as Internal Auditor, Mr. Singh will be instrumental in advising management on improving systems and processes, as well as providing evidence to present to stakeholders.

Outgoing Auditor

The appointment comes following the resignation of Ms. Prachi Mishra from her position as AGM-Accounts and Internal Auditor. Ms. Mishra has stepped down from her employment with Mirza International, paving the way for this transition in the internal audit function.

Board Meeting Details

The decision was made during a Board meeting held on November 8, 2025. The company has duly informed the stock exchanges of this change in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Commitment to Governance

This appointment underscores Mirza International's commitment to maintaining robust internal control systems and ensuring transparency in its financial operations. The role of the Internal Auditor is crucial in safeguarding the company's assets and ensuring compliance with various regulations.

Mirza International, known for its footwear brands, continues to strengthen its corporate governance framework with this strategic appointment. The company's proactive approach in managing its internal audit function is likely to be viewed positively by stakeholders and regulatory bodies alike.

Historical Stock Returns for Mirza International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.15%+2.93%+9.53%+33.16%+1.92%-27.40%
Mirza International
View in Depthredirect
like17
dislike

Mirza International Reports Decline in Q2 Financial Performance

1 min read     Updated on 08 Nov 2025, 02:30 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Mirza International Limited, a key player in the footwear and tannery industry, announced its Q2 financial results showing a decline across major metrics. The company's consolidated revenue decreased to ₹1.65 billion from ₹2.02 billion year-over-year. Net profit fell to ₹21.50 million from ₹59.00 million, while EBITDA dropped to ₹126.70 million from ₹168.80 million. The EBITDA margin also decreased to 7.69% from 8.37% in the previous year's corresponding quarter.

24138059

*this image is generated using AI for illustrative purposes only.

Mirza International Limited , a prominent player in the footwear and tannery industry, has announced its financial results for the second quarter. The company's performance shows a decline across key financial metrics.

Revenue Performance

Mirza International reported a consolidated revenue of ₹1.65 billion for the quarter, marking a decrease from ₹2.02 billion in the corresponding quarter of the previous year.

Profitability Metrics

The company's profitability showed a decline:

Metric Q2 Current Year Q2 Previous Year
Net profit ₹21.50 million ₹59.00 million
EBITDA ₹126.70 million ₹168.80 million
EBITDA margin 7.69% 8.37%

Segment Information

Mirza International operates in two main segments:

  1. Footwear (Domestic & Export Sale)
  2. Tannery (Domestic & Export Sale)

However, specific segment-wise performance details for this quarter were not provided in the latest update.

Conclusion

Mirza International's Q2 performance reflects challenges in the current market conditions. The decline in revenue and profitability metrics indicates that the company may need to address these challenges in the coming quarters.

Historical Stock Returns for Mirza International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.15%+2.93%+9.53%+33.16%+1.92%-27.40%
Mirza International
View in Depthredirect
like16
dislike
More News on Mirza International
Explore Other Articles
40.44
-0.06
(-0.15%)