INDLMETERNSEIMP Powers Limited· Electrical EquipmentHighNeutral
Announced Mon, 10 Nov, 2025 · 18:40 IST
IMP Powers Q2 FY26 - auditor issues qualified opinion, losses widen
Price reaction
Awaiting price reaction for this filing.
AI summary
Q2 FY26 revenue fell to Rs 72.51 lakh from Rs 243.69 lakh YoY. Half-year net loss widened to Rs 403.68 lakh from Rs 315.36 lakh. Auditor issued a qualified opinion flagging going concern risk, unconfirmed receivables, pending tax reconciliation, and missing impairment testing. Company is in IBC liquidation and received Rs 78 crore from buyer for going concern sale. Also appointed new Whole-Time Director and plans to shift registered office to Ahmedabad.
Likely market impact
Qualified audit opinion, going concern doubts, widening losses. Negative net worth around Rs 274 crore. Expect continued stock pressure.