Submission of Information under Regulation 30(LODR).
Awaiting price reaction for this filing.
I-Power Solutions India Ltd's Board approved the re-appointment of Mr V. R. Sridharan as Internal Auditor for FY 2026-27 and approved the standalone audited financial results for Q4 and year ended March 31, 2026. The company reported a net loss of Rs. 100.31 Lakhs for the full year, compared to a loss of Rs. 43.71 Lakhs in the prior year. Total revenue was Rs. 25.15 Lakhs (from other income only, with no revenue from operations recorded). The auditor ANANT RAO & MALLIK issued an unmodified (clean) opinion on the financial statements. The company has negative other equity of Rs. 52.07 Lakhs, indicating accumulated losses. Cash flow from operations was negative at Rs. 241.45 Lakhs for the year.
The company continues to report significant losses with no operating revenue, raising concerns about its ability to sustain operations. The negative operating cash flow and accumulated losses are red flags for investors, though the clean audit opinion provides some assurance on financial statement accuracy.