Announced Thu, 13 Aug, 2026 · 15:07 IST
Nirav Commercials Q1 FY27: Revenue Crashes, Auditor Gives Qualified Opinion
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY27 (ended 30 June 2026) unaudited results. Net sales collapsed to 0.03 cr from 2.88 cr YoY. Total income fell to 0.25 cr from 3.00 cr. Net profit was 0.11 cr versus a loss of 0.09 cr in Q1 FY26. EPS stood at 2.76. Auditor issued a qualified opinion noting gratuity and leave encashment provisions not based on actuarial valuation as required under Ind AS 19.
Likely market impact
Sharp revenue drop and auditor qualification on employee benefit provisions are concerns. Bottom line positive but very low revenue raises sustainability questions.