
Quarterly Result13 May 2026, 06:01 pm
Ardi Alliances Audited Financial Result for March 31, 2026
AI Summary
Ardi Alliances Limited (formerly known as Ardi Investments & Trading Company Ltd) has released its audited standalone financial results for the quarter and year ended March 31, 2026. The auditor's report, conducted by S K BHAVSAR & CO., expresses an unqualified opinion on the results. However, the report highlights concerns regarding the absence of balance confirmation letters and party-wise reconciliation statements for certain trade receivables and payables, as well as the lack of supporting documents for inventory valuation. Additionally, the company did not appoint an internal auditor for the entire financial year 2025-26, which constitutes non-compliance with the Companies Act, 2013.
Key Highlights
- Audited standalone financial results for the quarter and year ended March 31, 2026, released.
- Auditor expresses an unqualified opinion on the financial results.
- Concerns raised regarding trade receivables, payables, and inventory valuation due to missing documentation.
- Company did not appoint an internal auditor for FY 2025-26, a non-compliance with the Companies Act, 2013.
Price Impact
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