Nila Infrastructures Limited has informed the Exchange regarding Outcome of Board Meeting held on May 02, 2026.
NILAINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nila Infrastructures Limited reported its audited standalone and consolidated financial results for FY ended March 31, 2026. Total Standalone Assets stood at Rs 887.51 crore, while Consolidated Assets were Rs 891.51 crore. The auditors M/s MBD & Co LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The company appointed M/s Dhirubhai Shah & Co LLP as internal auditors and M/s Dalwadi & Associates as cost auditors for FY 2026-27. An Emphasis of Matter note highlights an Income Tax Department search operation from September 2021, though appellate orders have substantially reduced the demands against the Holding Company. Losses were reported in Joint Ventures (Rs 6.70 crore) and Associate (Rs 0.34 crore) on a consolidated basis.
The clean audit opinion with no qualifications is positive for investors. However, the Emphasis of Matter regarding I-T search-related matters pending for joint ventures creates some uncertainty. The losses at subsidiary and joint venture levels may weigh on consolidated profitability despite the parent company's performance.