Financial Result (Standalone) for the quarter and the year ended 31st March 2026
Awaiting price reaction for this filing.
NR International Ltd reported a net loss of Rs 16.82 lakhs for FY26 ended March 31, 2026, compared to a net loss of Rs 0.65 lakhs in FY25. Revenue from operations dropped significantly to Rs 25 lakhs from Rs 2,500 (thousand) in the prior year. Total income fell to Rs 28.95 lakhs from Rs 77.86 lakhs in FY25. The company posted a loss before tax of Rs 21.49 lakhs. The auditors have flagged Going Concern as a Key Audit Matter, indicating doubts about the company's ability to continue as a going concern. The company also disclosed contingent liabilities of approximately Rs 14.80 crores related to Income Tax Department demands. Additionally, the statutory auditors found non-compliance with Sections 185 and 186 of the Companies Act regarding loans given to related parties including director entities.
The company is in significant financial distress with declining revenues and losses for two consecutive years. The auditor's emphasis on going concern raises serious doubts about the company's survival. Shareholders should be cautious as the company faces potential liquidation risk and has pending tax liabilities of Rs 14.80 crore.