Financial Results for the quarter and year ended March 31, 2026.
NILAINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nila Infrastructures Ltd has submitted audited standalone and consolidated financial results for Q4 and FY 2026. The statutory auditors MBD & Co LLP have issued an unmodified (clean) opinion on both standalone and consolidated results. The consolidated results show the subsidiary reporting a net loss of Rs 102.81 lakhs for FY 2026, joint ventures reporting a net loss of Rs 669.53 lakhs, and the associate reporting a net loss of Rs 34.12 lakhs. The auditors included an Emphasis of Matter regarding an Income Tax Department search operation from September 2021 - while appellate orders have substantially reduced demands against the Holding Company, appeals for joint ventures remain pending with unquantifiable impact. The company appointed new internal auditors (Dhirubhai Shah & Co LLP) and cost auditors (Dalwadi & Associates) for FY 2026-27.
The clean audit opinion is positive for investors. However, the Emphasis of Matter on pending tax appeals for joint ventures introduces uncertainty. The losses across subsidiary, joint ventures, and associate entities may raise concerns about the group's consolidated profitability.