Audited Financial Results for the quarter and year ended March 31, 2026
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Source Natural Foods reported audited financial results for FY 2025-26 with an unmodified (clean) audit opinion from Srinaga & Giridharan, Chartered Accountants. The auditors found no material misstatements and confirmed adequate internal financial controls are in place. No key audit matters were reported. The company has not incurred cash losses in the current or preceding financial year. One minor contingent liability exists: CST Tax dispute of Rs 5,09,309 from FY 2012-13 in Telangana. The Board also approved reappointment of both internal and cost auditors for 2026-27. Notably, CFO Mr. R Ramachandra resigned effective May 31, 2026 for personal reasons. No specific revenue or profit figures were included in the filing.
The clean audit opinion and confirmation of no going concern issues are positive signals for shareholders. However, the CFO's departure creates uncertainty about financial management continuity. The small pending tax dispute poses minimal risk. Detailed financial performance metrics would require review of the attached financial statements.