Quarterly Updates30 May 2026, 09:30 pm
BRNL: Standalone & Consolidated Results Approved; Modified Opinion
AI Summary
Bharat Road Network Ltd's board approved audited standalone and consolidated financial results for FY26, noting a modified opinion from auditors S.S. Kothari Mehta & Co. The board also considered Srei Infrastructure Finance's reclassification request but deferred it pending further documentation. The auditor's report indicates a qualified opinion due to non-recognition of interest on financial assistance, understating the loss by ₹884.96 lakhs for the quarter and overstating profit by ₹4,107.69 lakhs for the year.
Key Highlights
- BRNL board approved FY26 audited financial results with a modified audit opinion.
- Auditors flagged non-recognition of interest, impacting profit and loss figures.
- Srei's promoter reclassification request is deferred pending document review.
- Standalone results also carry a modified opinion from the auditors.
Price Impact
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