PSP Projects reports Q2, H1 financials; changes statutory auditor

PSP Projects Limited’s board of directors met on October 17, 2025, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Standalone financial highlights include a total income of INR 69,780.19 lakh for the quarter and INR 1,21,455.81 lakh for the half-year. Profit before tax and exceptional items stood at INR 2,056.24 lakh and INR 2,097.38 lakh for the respective periods.

The company also announced the resignation of Prakash B. Sheth & Co., one of its joint statutory auditors, effective October 17, 2025. This resignation was attributed to the firm’s evaluation of its resources and infrastructure in light of the company’s future projects and expected growth, indicating a significant volume of operations.

Following this, PSP Projects Limited approved the appointment of G. K. Choksi & Co. as a joint statutory auditor. This appointment fills the casual vacancy and is effective from October 17, 2025, until the upcoming annual general meeting.