The Un-Audited Financial Results (Both Standalone and Consolidated) of the Company for the third quarter and nine months ended on December 31, 2025 (copies attached), pursuant to Regulation ....
Awaiting price reaction for this filing.
IMP Powers Ltd reported unaudited results for Q3 FY26 and 9M FY26 on a going-concern basis, following its recent emergence from the IBC liquidation process. The company was sold to a new buyer in late 2024, and new management took over, with MCA restoring its status to 'ACTIVE' in July 2025. Standalone revenue from operations grew to Rs. 260.45 lakhs for 9M FY26 from Rs. 116.49 lakhs a year earlier, but the company posted a net loss of Rs. 630.78 lakhs (standalone) and Rs. 632.65 lakhs (consolidated), wider than the Rs. 384.98 lakh loss in the prior-year period. The statutory auditor issued a qualified opinion, flagging unreconciled trade receivables, pending tax reconciliation, lack of impairment testing despite ongoing losses, inventory valuation issues (direct labour and overheads not included), and non-provision of interest on outstanding finance liabilities.
Negative — losses are widening and the auditor's qualified opinion highlights multiple unresolved accounting and asset-valuation issues. While revenue is improving post-restructuring, the going-concern assumption relies on the Rs. 78 crore from the IBC sale sitting in current liabilities, and shareholders face continued uncertainty about the true financial position of the company.