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UMESLTD · price
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Usha Martin Education & Solutions Limited has announced its audited standalone and consolidated financial results for the year ended 31st March 2026. The Board meeting was held on 27th May 2026 and the results were approved. The statutory auditor BCAG & Associates has issued an UNMODIFIED opinion on both standalone and consolidated financial statements, meaning the accounts present a true and fair view. Key audit matters focused on revenue recognition under Ind AS 115 and estimation of efforts for fixed-price contracts. The company has no pending litigation, no cash losses in current or previous year, and no unpaid statutory dues. Internal financial controls were found to be adequate and operating effectively. The company has not declared or recommended any dividend for FY2026.
Clean audit with unmodified opinion indicates no material concerns for shareholders. No going concern issues were flagged by auditors. The company has interest-bearing inter-corporate related party borrowings repayable on demand.