Please find attached Outcome of the Board Meeting held today i.e. 30th May, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Brijlaxmi Leasing and Finance Ltd's Board approved the audited financial results for Q4 and the full year ended 31 March 2026. The company reported total income of Rs. 283.56 lakh, total expenditure of Rs. 197.55 lakh, and a net profit of Rs. 66.17 lakh with EPS of Rs. 1.02. Total assets stand at Rs. 2,840.62 lakh with a net worth of Rs. 689.40 lakh. The auditors from M/s Maheshwari & Co. issued a Qualified Opinion due to three issues: (1) loan and advance balances are pending confirmation/reconciliation, (2) non-compliance with Ind AS 19 (Employee Benefits) for recognising employee benefit liabilities, and (3) interest income on outstanding loans not recognised due to missing documentation on interest rates. Additional emphasis matters include unreconciled trade receivables/payables, non-compliance with TDS provisions, and GST reconciliation issues. The board also re-appointed Mr. Sunil Kumar Mundra as Internal Auditor for FY 2026-27.
The repeated qualified audit opinion signals weak internal controls and compliance gaps which could concern investors. The company posted a profit of Rs. 66.17 lakh but the auditors' qualifications around loan book documentation and accounting standards raise concerns about the reliability of reported financials.