Audited Financial Results with Audit Report thereon for the year ended 31st March 2026
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Kusam Electrical Industries Ltd has submitted its audited financial results for FY2026 ended March 31, 2026. The Board of Directors approved these results at their meeting on May 15, 2026 in Mumbai. The statutory auditor Chhajed & Doshi has issued an unmodified (clean) opinion, stating that the financial statements give a true and fair view and comply with applicable accounting standards. Notably, the company changed its auditor during the year - the FY2025 results were audited by a predecessor auditor who also gave a clean opinion. The Q4 results represent balancing figures between audited full-year figures and the previously published unaudited Q1-Q3 figures which underwent limited review. No material uncertainties regarding going concern were noted by the auditors.
The clean audit opinion with no qualifications or emphasis of matter is positive for shareholders, indicating sound financial reporting. The auditor change during the year may warrant attention but does not appear to stem from any disagreements given both auditors issued unmodified opinions.