Q1 FY27 results: PAT down 54%, auditor gives qualified opinion

Qualified OpinionPat NegativeRevenue DeclineResults View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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₹8.76

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.6% vs market

Commodity Chemicals peers, median of 53sector-0.2%+1.2% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.2 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 53Pending

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AI summary

Square Four Projects India posted Q1 FY27 standalone total income of Rs. 9.17 lacs (vs Rs. 9.81 lacs YoY) and net profit of Rs. 2.02 lacs (vs Rs. 4.45 lacs), a 54% decline. Consolidated net loss widened to Rs. 6.91 lacs from Rs. 5.05 lacs. Auditor issued a qualified conclusion flagging financial assets of Rs. 39.50 lacs carried at cost instead of fair value per Ind AS norms. Subsidiary BRC Construction was not audited.

Likely market impact

Qualified auditor opinion and widening consolidated losses raise governance and accounting concerns for shareholders.