Quarterly Result27 May 2026, 07:32 pm
Advance Lifestyles Approves Audited FY26 Results
AI Summary
Advance Lifestyles Ltd's Board of Directors approved the audited standalone financial results for the quarter and financial year ended March 31, 2026, during a meeting held on May 27, 2026. The board also took on record the internal auditors’ report and the Annual Secretarial Compliance Report for FY26. The auditor's report contains a qualified opinion due to non-provision of interest on borrowings and outstanding liabilities, and lack of balance confirmations for certain parties under CIRP or non-traceable parties.
Key Highlights
- Audited financial results for FY26 approved with a qualified opinion.
- Internal auditors’ report for FY26 taken on record.
- Annual Secretarial Compliance Report for FY26 noted.
- Auditor's qualification due to non-provision of interest on certain liabilities.
- Balance confirmations lacking for parties under CIRP or non-traceable.
Price Impact
More from ADVLIFE