PFA Audited Financial Results for the Financial Year ended 31st March, 2026
Awaiting price reaction for this filing.
Interworld Digital Ltd reported a net loss of Rs 26.05 Lakhs for FY 2025-26, compared to a loss of Rs 22.24 Lakhs in the previous year. Total income dropped sharply to Rs 0.18 Lakhs from Rs 2.88 Lakhs due to the former Managing Director allegedly fraudulently shifting the entire business and intellectual property to his own entity. The company has zero revenue from operations and no business activity for a prolonged period. Operating cash flow remained negative at Rs 20.56 Lakhs. The statutory auditor issued a QUALIFIED opinion citing five audit qualifications including unpaid statutory dues of Rs 1.91 Crore, disputed ROC fees of Rs 55.97 Lakhs, no impairment provision on Rs 1.47 Crore investments, and non-provision for expected credit losses on debtors. The company has also defaulted on a vehicle loan repayment to Kotak Mahindra Prime Limited.
This is a severely distressed company with no operating revenue, mounting losses, qualified audit opinion, and governance issues stemming from alleged fraud by the past MD. Shareholders face extreme risk as the company is essentially non-functional with multiple pending legal disputes and going concern doubts.