Audited FY26 Results With Qualified Opinion; Merchant Fraud Probe Ongoing

Qualified OpinionEmphasis Of MatterContingent Liabilities IncreasedRevenue Growth 20pctPat Growth 25pctResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.1%1-day move

₹9.39

prior close

₹10.00

base price

After-mkt

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AI summary

Audited FY26: total income Rs. 18,358.82 lakhs (vs Rs. 934.38 lakhs), profit after tax Rs. 1,029.75 lakhs vs loss of Rs. 219.95 lakhs, EPS Rs. 6.93. Auditor issued qualified opinion on four matters: merchant fraud of Rs. 10,500 lakhs with Rs. 7,528.18 lakhs under bank lien (sub judice, no provision made), Rs. 10,432.21 lakhs agent commissions lacking documentation, pending reconciliations, and unconfirmed balances. Rs. 1,303.21 lakhs loans written off.

Likely market impact

Strong topline turnaround masks significant audit qualifications. Rs. 10,500 lakhs merchant fraud under sub judice probe remains a major risk overhang for shareholders.