Audit qualification on FY26 results due to missing financial records
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Shree Krishna Infrastructure's auditor (NKSC & Co.) issued a qualified opinion for FY26, flagging that current management could not provide sufficient financial records — bank statements, loan agreements, trade receivables/payables confirmations — to verify transactions, due to a change in management during the year. Key FY26 figures: revenue ₹8.26L, net loss ₹15.25L, EPS -₹0.08, total assets ₹1,991.24L, net worth ₹1,958.57L. No quantified impact adjustments were made. Management says it is looking into the matter.
Qualified audit opinion is a serious red flag — unverifiable records create uncertainty about the true financial position and signal governance concerns.