Announced Thu, 13 Aug, 2026 · 16:44 IST
Q1FY27 results: loss widens, auditor flags qualified opinion on subsidy recovery
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Elango Industries reported Q1FY27 revenue of Rs 1.06 lakhs, down sharply from Rs 21.19 lakhs in Q1FY26. Net loss widened to Rs 5.16 lakhs vs Rs 4.89 lakhs. EPS at minus Rs 0.14. Auditor issued a qualified conclusion as it could not confirm recoverability of Rs 1.10 crore electricity subsidy receivable pending for years. The qualification has been repetitive since March 2022. Reserves remain negative at Rs 23.65 lakhs.
Likely market impact
Continued losses, negative reserves, and unresolved auditor qualification on subsidy recovery raise concerns about the company's financial health.