Quality RO Industries has informed BSE SME Platform about the resignation of its statutory auditor M/s. Doshi Doshi & Co., Chartered Accountants, effective January 06, 2026. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Auditor Resignation Details

M/s. Doshi Doshi & Co., with Registration No. 153683W, submitted their resignation letter on January 06, 2026, citing their inability to continue as statutory auditors due to preoccupation with other assignments. The firm stated they were unable to devote adequate time to the audit of the company's affairs and considered it appropriate to step down to maintain professional objectivity and audit quality.

Company's Response and Compliance

Quality RO Industries confirmed that no concerns were raised by the resigning auditor with respect to the company's management, and there are no material reasons for the resignation beyond those stated. The company noted that no deliberation by the Audit Committee is required, and consequently, disclosure of the Audit Committee's view is not applicable.

The auditing firm had completed the limited review of financial results for the half year ended September 30, 2025, and issued their limited review report on November 12, 2025, before tendering their resignation.

Regulatory Compliance and Next Steps

The company has provided all required details under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155, dated November 11, 2024, pertaining to the auditor resignation. M/s. Doshi Doshi & Co. will file the prescribed Form ADT-3 with the Registrar of Companies within the stipulated time as required under Section 140(2) of the Companies Act, 2013.

The Audit Committee and Board of Directors will consider the appointment of new statutory auditors in due course to fill the casual vacancy caused by the resignation. The company has assured that it will intimate stakeholders accordingly once the new appointment is finalized.

Quality RO Industries Limited has announced its unaudited financial results for the half-year ended September 30, 2025, revealing a mixed performance across its business segments.

Consolidated Financial Highlights

The company reported consolidated revenue from operations of ₹870.53 crore for the half-year, marking an increase from ₹790.08 crore in the same period last year. The consolidated net profit saw a significant rise to ₹30.53 crore, compared to ₹9.84 crore in the previous year.

Segment Performance

Quality RO Industries operates in three reportable segments:

1. RO Products
2. Transport Income
3. Realty Sector

The segment-wise revenue breakdown is as follows:

The Realty Sector showed significant growth, while the Transport Income segment remained relatively stable.

Financial Position

As of September 30, 2025, the company's consolidated balance sheet showed:

• Total assets of ₹2,249.20 crore, up from ₹1,959.08 crore as of March 31, 2025
• Shareholders' funds increased to ₹1,180.48 crore from ₹1,151.38 crore

Cash Flow and Liquidity

The consolidated cash flow statement indicates:

• Net cash generated from operating activities: ₹36.57 crore
• Cash and cash equivalents at the end of the period: ₹131.06 crore

Auditor's Review

The statutory auditors, Doshi Doshi & Co, have performed a limited review of the financial results and have not expressed any reservations or qualifications on the financial information provided.

Quality RO Industries Limited continues to navigate a complex market environment, showing resilience in its diverse business segments. The company's performance, particularly the growth in its Realty Sector segment, may be of interest to investors and stakeholders in the coming quarters.