FEDDERELECNSEFedders Electric and Engineering LimitedHighNeutral
Announced Wed, 11 Feb, 2026 · 18:42 IST
Fedders Electric Q3 results: auditor issues qualified review, delisting approved
Price reaction
Awaiting price reaction for this filing.
AI summary
Q3 FY26 revenue rose to Rs 88.69 Cr from Rs 53.49 Cr YoY. However, auditor O. Aggarwal issued a qualified review citing missing fixed asset register, Rs 47.65 lacs not transferred to IEPF, unverified travel expenses, and inability to confirm Rs 26.44 Cr reinstated as other income from earlier written-off receivables. Nine-month results included exceptional items. NCLT has approved delisting from NSE and BSE since 100% is promoter held. New Company Secretary appointed.
Likely market impact
Qualified audit, one-time income items, and ongoing delisting raise risk for any remaining public shareholders; verification gaps flagged by auditor.