The gold refiner and manufacturer, which posted revenues of ₹3.4 lakh crore in FY23 and has a market value of over ₹17,000 crore, did not put out its audit report and a comparative number of cash flow statements when it announced its FY23 and Q4 results on May 30. Chartered accountants said the audit report – the auditor’s note on the company’s financial statement – is tracked closely by investors. Rajesh Exports did not respond to ET’s query on the matter.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.