Quarterly Result30 May 2026, 08:11 pm
Deep Polymers Ltd Approves Audited Financial Results for FY26
AI Summary
Deep Polymers Ltd's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, in a meeting held on May 30, 2026. The audit report, issued by M/s. S. N Shah & Associates, included a modified opinion. The auditors highlighted concerns regarding the non-provision of doubtful debts amounting to ₹308.06 Lacs and the non-restatement of foreign currency-denominated financial items as per Ind-AS-21.
Key Highlights
- Audited financial results (standalone & consolidated) for Q4 and FY26 approved.
- Auditors issued audit reports with a modified opinion.
- Concerns raised about non-provision of doubtful debts of ₹308.06 Lacs.
- Non-restatement of foreign currency items as per Ind-AS-21 flagged.
Price Impact
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