The Board in its meeting held today i.e., Thrusday 21st May, 2026, has inter-alia, approved the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Autoriders International Ltd reported audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Total income from operations grew 15.5% to Rs. 10,058.79 lakhs from Rs. 8,707.27 lakhs in the previous year. Net profit after tax increased 7.8% to Rs. 903.76 lakhs versus Rs. 838.70 lakhs. The company maintained an unmodified (clean) audit opinion from M/s. Vandana V. Dodhia & Co. However, auditors drew attention via 'Emphasis of Matter' to a Rs. 300 lakh loan given to a group company that has ceased to be a going concern, with no provision made for doubtful recovery. Old income tax balances also remain subject to reconciliation. The board re-appointed M/s. Shah & Shahpatel as internal auditors for FY 2026-27.
The company delivered positive revenue and profit growth with clean audit opinions. However, the Rs. 300 lakh loan to a non-going concern entity without provisioning presents a contingent risk to shareholders. The positive earnings trajectory is constructive for the stock.