FY26 results show loss; auditor flags ransomware; CS resigns
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Continental Controls' board approved FY26 audited results showing zero operating revenue, other income of ₹23.02 lakh, and a net loss of ₹12.70 lakh vs profit of ₹6.89 lakh prior year. Auditor issued unmodified opinion with emphasis on a Jan 2026 ransomware attack that corrupted data, reclassified holding company expenses, and an unpresented related-party cheque. Postal ballot cleared; CS Jyoti Darade resigned.
Loss-making year with zero operating revenue and negative reserves; ransomware risk noted. Postal ballot and CS exit may cause short-term volatility.