Financial Result (Standalone) for the Year ended March 31, 2026
Awaiting price reaction for this filing.
NR International Limited reported a net loss of Rs. 16.82 lakhs for FY 2025-26, compared to a loss of Rs. 0.65 lakhs in the previous year. Total income declined sharply to Rs. 28.95 lakhs from Rs. 7.79 lakhs in the prior year. The company has a single segment (Transportation) and is listed on BSE (scrip code 532623). The auditor ABA & Co. issued an unmodified opinion. Key audit matters include going concern assessment and contingent liabilities of Rs. 14.80 crore from Income Tax Department demands for multiple years (FY 2014-18), besides Rs. 74.16 lakhs in Orissa VAT/Entry Tax disputes. The company also disclosed related party loans of Rs. 1,388.33 lakhs to entities connected to directors, which the auditor flagged as non-compliant with Sections 185 and 186 of the Companies Act.
The company is loss-making with declining revenues and substantial tax litigation pending. Related party loan irregularities flagged by auditors could attract regulatory scrutiny. However, the strong equity base (Rs. 2,154.30 lakhs) and positive operating cash flow (Rs. 17.08 lakhs) provide some cushion.