Abhijit Trading: Audit Qualification on FY26 Results
Abhijit Trading Company Ltd (formerly Malt Land Distilleries Limited) declared a statement on the impact of audit qualifications on its standalone and consolidated financial results for the year ended March 31, 2026. The audit qualifications include the company's failure to maintain accounting software with audit trail features and non-compliance with Indian Accounting Standards. The management is actively addressing these issues. Consolidated results show a net loss of ₹5,906.75 and Earnings Per Share of 19.89.
Key Highlights
- Audit qualifications noted for lack of accounting software audit trail.
- Standalone financial statements do not comply with Indian Accounting Standards.
- Management is actively working on addressing audit qualification matters.
- Consolidated results show a net loss of ₹5,906.75.
- Earnings Per Share reported as 19.89.
Price Impact
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