FY25 results get adverse audit opinion; going concern flagged
AHLWEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Auditor J.C. Bhalla & Co issued an adverse opinion on FY25 audited results, citing doubts about going concern, unrecognised interest of about Rs 3,837 lakhs on borrowings, and asset classification issues. Standalone loss after tax narrowed to Rs 3,628 lakhs from Rs 7,986 lakhs. Revenue from operations was nil; other income Rs 564 lakhs. Exceptional items of Rs 2,679 lakhs from old balance write-offs and write-backs. Current liabilities exceed current assets by Rs 42,051 lakhs. Board also approved Q1 FY26 results and set AGM for Oct 27, 2025.
Adverse audit opinion and going concern flag are serious red flags. Expect stock pressure and increased investor scrutiny over Hyderabad hotel sale uncertainty.