With reference to the captioned matter, kindly find enclosed herewith Audited Standalone Financial Results along with Auditor''s Report in terms of Regulation 33 of SEBI (Listing Obligations ....
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SK International Export Ltd has submitted its audited financial results for FY2026 ending March 31, 2026. The auditor issued an unmodified opinion but raised multiple material concerns including: the company lacks substantial operational business and depends entirely on speculative trading in equity, F&O and commodity markets; Property, Plant and Equipment of Rs 13.14 lakh was written off due to incomplete records; inventory write-offs of Rs 95.31 lakh were recorded for obsolete items; and loans/advances of Rs 160.75 lakh lack adequate supporting documentation. The auditor highlighted a material uncertainty about the company's ability to continue as a going concern. Deferred Tax Asset was not recognized despite carried forward losses. Shareholders' funds declined marginally from Rs 737.20 lakh to Rs 733.20 lakh. Multiple balance confirmations were unavailable for verification.
This is a highly concerning filing with multiple audit qualifications suggesting weak internal controls, lack of genuine business operations, and material uncertainty about the company's going concern status. Shareholders should be cautious as the company's sole revenue source appears to be speculative trading activities rather than sustainable operations.