BSEIndia Infraspace LtdHighNeutral
Announced Thu, 13 Aug, 2026 · 18:01 IST
Q1 FY27 results approved; auditor flags audit trail, unverified balances and delisting
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved unaudited standalone Q1 FY27 results on 13 August 2026. Profit after tax was Rs. 10.77 lakhs versus Rs. 15.99 lakhs in Q1 FY26. The statutory auditor's limited review drew attention to: absence of an audit trail in the accounting software, inability to verify Union Bank of India balances, and unconfirmed balances totalling about Rs. 896 lakhs across receivables, loans and payables. Shares remain delisted, with a relisting application pending before SAT. Subsidiary SCPL was dissolved in FY25-26.
Likely market impact
Delisting and audit concerns remain unresolved; Q1 profit declined year on year. Relisting outcome at SAT is the key near-term trigger for shareholders.