outcome of board meeting held on 25-05-2026
Awaiting price reaction for this filing.
Aditya Forge Ltd reported audited standalone financial results for FY 2025-26 with significant deterioration. Revenue from operations was Rs. 326.06 lakhs with other income of Rs. 1,032.76 lakhs, resulting in total income of Rs. 1,358.82 lakhs. However, profit after tax declined sharply to Rs. 13.05 lakhs from Rs. 699.34 lakhs in the previous year - a decline of over 98%. The auditors issued a qualified opinion due to inability to confirm trade payables, loans and advances receivable/payable balances, marking this as a repetitive qualification. Operating cash flow turned negative at Rs. (35.91) lakhs. The company also faces an unresolved income tax notice. Net worth remains negative at Rs. (341.39) lakhs.
The sharp decline in profitability, negative cash flows, negative net worth, and qualified auditor opinion signal significant financial stress. Shareholders should be cautious as the company shows deteriorating fundamentals and unresolved audit issues affecting financial statement reliability.