Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their meeting ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Consecutive Commodities Ltd reported strong growth for FY 2026 with revenue from operations jumping 156% to ₹5,787.87 Lakhs from ₹2,260.09 Lakhs in the previous year. Net profit increased 21% to ₹270.32 Lakhs (vs ₹223.13 Lakhs in FY25), while Q4 net profit rose to ₹87.89 Lakhs compared to ₹55.44 Lakah in Q4 FY25. The company operates in agricultural products trading. The auditors issued an unmodified opinion but raised several concerns: inability to confirm trade receivables and payables balances, missing inventory valuation support, failure to appoint an Internal Auditor for the full financial year 2025-26, and non-disclosure of MSME creditor bifurcation. Total assets stood at ₹2,141.19 Lakhs with other equity growing to ₹407.89 Lakhs. The board meeting lasted 3 hours (4 PM to 7 PM) at their Ahmedabad office.
The company shows strong top-line growth of 156% YoY, but multiple auditor red flags regarding missing confirmations, inventory support, and absent internal audit function raise concerns about internal controls and financial statement reliability despite the unmodified audit opinion.