Nila Infrastructures Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
NILAINFRA · price
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Nila Infrastructures Limited reported audited financial results for FY 2025-26 with total standalone assets of Rs 88,751.26 lakhs (consolidated: Rs 91,171.22 lakhs). The statutory auditors MBD & Co LLP issued an unmodified opinion on both standalone and consolidated results. The consolidated subsidiary reported a net loss of Rs 102.81 lakhs for the year, while joint ventures showed significant losses. The auditors included an Emphasis of Matter regarding an Income Tax Department search operation from September 2021 - appellate orders have substantially reduced demands against the Holding Company, but similar appeals for joint ventures remain pending with unquantifiable impact. The company also appointed new auditors: M/s Dhirubhai Shah & Co LLP as internal auditor and M/s Dalwadi & Associates as cost auditor for FY 2026-27.
The unmodified audit opinion indicates clean financials, but the pending I-T appellate matters for joint ventures create uncertainty. The consolidated losses from subsidiary and joint ventures may raise concerns about overall profitability despite the Holding Company's performance.