Audited Financial Results for the quarter and year ended on 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Karnavati Finance Ltd has released its audited financial results for Q4 and FY 2025-26 (year ended March 31, 2026). The Board meeting was held on May 29, 2026 and approved the results. The statutory auditor B.B. Gusani & Associates has issued an UNMODIFIED (clean) opinion on the standalone financial statements, confirming true and fair view of the company's financial position. The company also appointed M/s Tejwani & Co. as Internal Auditor for FY 2026-27. The cash flow statement shows negative cash from operating activities of Rs -113.20 lakhs and significant financing outflows, with cash and cash equivalents declining from Rs 14.30 lakhs to Rs 0.01 lakhs during the year.
The clean audit opinion is positive for shareholders as there are no qualifications or concerns raised by auditors. However, the sharp decline in cash reserves to near-zero levels may raise concerns about liquidity management going forward.