IVRCL Q2 FY26 results filed; auditor disclaims conclusion

IVRCL, under liquidation since July 2019 by NCLT order, filed Q2 FY26 results. Revenue from operations was just Rs 152.87 lakhs vs Rs 677.77 lakhs YoY. Net loss of Rs 90,260.62 lakhs for the quarter and Rs 1,75,458.90 lakhs for H1. Accumulated losses of Rs 22,29,367.76 lakhs with fully eroded net worth. Auditor issued a disclaimer of conclusion citing multiple material uncertainties. Results authorized by the Liquidator as Board powers have ceased.