Quarterly Result6 Nov 2026, 05:40 pm
Advance Lifestyles Ltd Declares Unaudited Financial Results
AI Summary
Advance Lifestyles Ltd announced the approval of its unaudited financial results for the quarter and half-year ended September 30, 2026. The results were reviewed by Piyush J. Shah & Co., Chartered Accountants. The company also noted an unsecured loan of ₹3.5 Lakhs from a related party with no interest recognized. Additionally, outstanding balances payable to three parties aggregating to ₹1759.99 Lakhs (₹17.60 Crore) as of September 30, 2026, were highlighted, with two parties undergoing CIRP and one being non-traceable. The auditors could not determine if adjustments were required for these liabilities.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Limited review report received from auditors.
- Unaudited standalone financial results declared.
- Unsecured loan from related party noted.
- Outstanding liabilities require further review.
Price Impact
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