FY26 results: auditor issues qualified opinion, net loss reported
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Auditor ASGR and Co issued a qualified opinion on Toyam Sports FY26 standalone and consolidated results, citing non-provision of expected credit loss on loans, an ongoing SEBI investigation with ED having frozen some shares, RBI registration concerns, and TDS non-compliance. Standalone net loss narrowed to Rs 29.78 lakh from Rs 4,210.58 lakh. Consolidated net loss was Rs 1,866.36 lakh. Revenue from operations dropped sharply year on year. Exceptional items included investment and goodwill impairment totalling Rs 3,632 lakh on consolidated books.
Qualified audit opinion, ED share freeze, SEBI probe, and unresolved statutory issues raise serious governance concerns that could weigh on the stock.