StockWatch
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Civil Construction
Board Meeting7 Aug 2026, 01:33 pm

Capacite Infraprojects Board Approves Q1 FY27 Unaudited Financial Results

AI Summary

Capacit'e Infraprojects Limited announced that its Board of Directors, following a recommendation from the Audit Committee, has approved the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The results were reviewed by M S K A & Associates LLP. A significant point noted by the auditors is the trade receivables of ₹1,155.93 lakhs from a single party, which was previously considered bad debt but recorded as a recovery in FY24 based on future recoverability projections. The auditors could not obtain sufficient evidence to comment on the recoverability of this amount, a matter also noted in previous periods.

Key Highlights

  • Board approved Q1 FY27 unaudited standalone and consolidated financial results.
  • Auditors noted a significant receivable with uncertain recoverability.
  • The issue with trade receivables was also highlighted in prior periods.
  • Financial results are prepared as per Ind AS 34 and SEBI regulations.