This is to inform you that the Board of Directors of the Company at their meeting held on Wednesday 28 May 2025 at the registered office situated at Office No. 412, 4th floor Shilp Zaveri, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.5 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
IFL Enterprises announced its audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025, showing a sharp jump in revenue and profit. Standalone total income rose to Rs 7,107.17 lakhs (from Rs 824.14 lakhs in FY24) with net profit of Rs 288.43 lakhs (vs Rs 100.01 lakhs). Consolidated total income climbed to Rs 12,321.65 lakhs with net profit of Rs 299.20 lakhs. However, the statutory auditor issued a Disclaimer of Opinion on both sets of results due to multiple unresolved issues: unverified unsecured loans of Rs 3,791 lakhs (standalone) / Rs 10,292 lakhs (consolidated) with no interest charged, missing MSME creditor classification, unconfirmed supplier advances, lack of documentation for property/assets, sales invoices without e-way bills, and absence of any warehouse/godown. The audit qualifications are repetitive, meaning these issues have appeared in prior years too.
This is a serious red flag for shareholders. A Disclaimer of Opinion means the auditor could not verify the numbers, so the reported profit and revenue may not be reliable. Investors should treat the financials with caution, as the company has serious governance, documentation, and internal control weaknesses. The stock is likely to face negative sentiment.