Announced Fri, 14 Aug · 16:20 IST
Q1 FY27 results: loss reported, auditor flags multiple concerns
Going ConcernQualified OpinionPat NegativeContingent Liabilities IncreasedResults View source PDFExplain this filing
KOTIC · 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
+0.3%1-day move
₹145.45
prior close
₹145.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.9-0.9-0.3-0.5+0.3-0.3-0.9-2.0+5.3+2.5-9.3-7.3——
Up moveDown movePending
AI summary
Kothari Industrial Corporation reported a loss for Q1 FY26-27 (ended June 2026). Board approved unaudited results on August 14. Management confirms going concern basis citing expansion plans and additional financing. Auditor flagged multiple issues including unconfirmed balances, Rs 80.77 lakh government subsidy write-off, unreconciled GST credits of Rs 1307 lakhs, TDS defaults of Rs 9.61 lakhs, unreconciled PF/ESI/PT dues, and no provision for aged inventory worth Rs 1533.70 lakhs.
Likely market impact
Loss reported with auditor raising several qualifications. Watch going concern status and pending legal cases closely.