Announced Mon, 13 Jul · 17:48 IST

Q1 FY27 results with qualified audit opinion over alleged CFO fraud

Qualified OpinionRevenue Growth 20pctPat Growth 25pctResults View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹0.48
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.1+0.0+0.0+0.0-4.2-6.3
Up moveDown movePending
AI summary

Board approved Q1 FY27 standalone and consolidated unaudited results. Standalone PAT at Rs 7.01L versus Rs 0.26L year ago, total income Rs 26.05L versus Rs 19.54L. However auditor issued a qualified opinion citing past CFO fraud of about Rs 88L not yet recovered, Rs 5.3cr land advance at Gurugram without proper documents, Rs 21.4cr loans lacking documentation, and Rs 6.4cr training expenses without supporting papers.

Likely market impact

Prior CFO fraud and large undocumented transactions raise serious governance and audit concerns for shareholders.