Aurique Q2 FY27 results: auditor issues qualified opinion
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Aurique Limited (formerly PAE Limited) posted Q2 FY27 revenue of Rs 127.40 lakh and H1 revenue of Rs 231.90 lakh, swinging to a profit of Rs 18.05 lakh from a prior loss of Rs 30.16 lakh. Auditor issued a qualified opinion flagging old bank accounts lacking confirmations. Operating cash flow was negative Rs 777.66 lakh, funded via Rs 750 lakh equity issuance.
Qualified audit opinion and negative operating cash flow raise transparency and sustainability concerns despite the return to profit.