Announced Thu, 13 Aug · 17:49 IST
Q1 FY27 results: revenue down 28% YoY, auditor issues qualified opinion
INDOWIND · price
▲ 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
-4.7%1-day move
₹9.02
prior close
₹8.90
base price
After-mkt
timing
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+1.1+1.7+0.2+1.5-4.7-7.0-3.5+0.7+2.1+3.3+0.2-1.4——
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AI summary
Board approved Q1 FY27 (June 2026) unaudited results. Consolidated revenue fell to 830.19L from 1,153.98L YoY (-28%), PAT at 199.38L vs 229.45L. Standalone revenue 672.11L vs 939.71L. Company blames delayed wind season. Auditor Venkatesh and Co gave a qualified opinion flagging 3 issues: 1,494L Suzlon advance without evidence, 102L Bank of Baroda recovery pending since 2007, and 7,454L goodwill from IVL merger not impairment-tested. AGM set for 25 Sep 2026.
Likely market impact
Auditor's qualified opinion on Suzlon, BoB claims and unverified goodwill raises concerns. 28% YoY revenue drop is a worry despite profit.