Anka India Q1 FY26 results - auditor flags qualified review
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anka India Q1 FY26 consolidated revenue came in at Rs 283.54 lakh, down from Rs 601 lakh a year ago (about 53 percent fall). Profit was Rs 5.20 lakh versus a Rs 0.92 lakh loss last year. The company is now effectively Futech Internet after a reverse merger. Auditor gave a qualified review, flagging that goodwill of about Rs 18.96 crore was not tested for impairment, and questioning a Rs 35.38 lakh MAT credit on standalone books given the loss history. Standalone revenue was Rs 115.95 lakh.
Auditor's qualification over untested goodwill and MAT credit is a red flag. Tiny profits and weak standalone operations suggest a fragile business.