Auri Grow India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
AURIGROW · price
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Auri Grow India Limited reported audited financial results for FY2026 with a DISCLAIMER of opinion from statutory auditor S Parth & Co. The auditor could not verify multiple material items including unsecured loans of ₹6,927.81 Lacs (interest-free without agreements), trade receivables of ₹10,089.78 Lacs (no transactions during year), loan & advances of ₹10,033.80 Lacs (unconfirmed), and trade payables of ₹9,461.59 Lacs (missing MSME bifurcation). The company also failed to provide sales invoices, E-Way bills, delivery challans, or maintain a fixed assets register. Financially, revenue grew 26% to ₹17,555.38 Lacs from ₹13,915.51 Lacs, but the company swung to a loss of ₹108.75 Lacs versus profit of ₹717.14 Lacs in FY2025. Operating cash flow turned positive at ₹62.52 Lacs from negative ₹10,585.19 Lacs. Total assets stand at ₹27,218.74 Lacs with equity of ₹15,464.46 Lacs.
The disclaimer of opinion signals severe concerns about the reliability and authenticity of the financial statements. Shareholders should exercise extreme caution as the auditor raises red flags about transaction genuineness, asset existence, and regulatory compliance. The revenue growth and improved cash flow are overshadowed by the inability to trust the reported numbers.