Audroc Q1 FY27 results with qualified audit opinion on Rs 7.41 cr write-off

Qualified OpinionEmphasis Of MatterRelated Party TransactionsResults View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Audroc Ltd (formerly Alka India) posted Q1 FY27 standalone revenue of Rs 98.60 lakhs and net profit of Rs 4.34 lakhs. The auditor issued a qualified opinion, flagging that Rs 7.41 crore of subsidiary investments, loans, and tax balances were written off directly against a director's deposit instead of through the P&L. Adjusted figures would show a loss, not a profit. The company recently shifted from textiles to agro-commodity trading and changed its name to Audroc.

Likely market impact

Qualified opinion and Rs 7.41 cr write-off raise concerns. Adjusted P&L would show a loss instead of the reported profit.