Quarterly Result12 Aug 2026, 06:40 pm
Automobile Products of India Ltd Declares Unaudited Q1 FY27 Results
AI Summary
Automobile Products of India Limited announced its Unaudited Financial Results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 12, 2026. A limited review report with an unmodified opinion was issued by the statutory auditor. The company's net worth has been fully eroded as of June 30, 2026, and it is dependent on its Holding Company and promoters for financial support to continue operations, indicating a material uncertainty regarding its going concern status.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Board of Directors approved the financial results.
- Statutory auditor issued an unmodified limited review report.
- Net worth fully eroded as of June 30, 2026.
- Company dependent on holding company for financial support.
Price Impact
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