IVRCL Q3 FY26 loss widens to Rs 93,792 lakhs; revenue collapses; auditor disclaims conclusion

IVRCL, under NCLT liquidation as going concern, posted Q3 FY26 loss of Rs 93,792 lakhs versus Rs 56,619 lakhs YoY. Total income fell sharply to Rs 357.64 lakhs from Rs 1,667.76 lakhs YoY. 9M FY26 loss of Rs 2,69,257 lakhs with accumulated losses of Rs 23,23,157 lakhs fully eroding net worth. Auditor issued a disclaimer of conclusion citing multiple uncertainties. Successful bidder failed to pay balance sale consideration; new Liquidator appointed in Oct 2025.