Audited FY26 results with multiple qualified audit opinions
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Board approved FY26 audited results. Standalone loss of Rs 129 lakhs (EPS minus 4.22); consolidated loss Rs 125.86 lakhs. Net worth is negative at minus 160 lakhs standalone and minus 200 lakhs consolidated. Auditor flagged three qualified opinions: company did not provide for Rs 352 lakhs delayed interest, Axis Bank account is under Income Tax lien, and statutory dues were defaulted. Management says interest matter is under arbitration and may be waived. Loss would widen to Rs 481 lakhs if auditor adjustments are applied.
Negative net worth, qualified audit, and statutory defaults signal serious financial stress; high risk for shareholders.