Quarterly Result14 Aug 2026, 02:58 pm
E-Land Apparel Declares Unaudited Q1 FY27 Results
AI Summary
E-Land Apparel Ltd announced its unaudited financial results for the quarter ended June 30, 2026, following a Board of Directors meeting held on August 14, 2026. The company's auditor, Singhi & Co., issued a limited review report. A significant note highlights that the company incurred a loss of ₹892.91 Lakhs for the quarter, and accumulated losses have eroded its net worth, raising concerns about its ability to continue as a going concern. Despite these concerns, the financial statement has been prepared on a going concern basis.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Company reported a loss of ₹892.91 Lakhs for the quarter.
- Accumulated losses have eroded the company's net worth.
- Auditor raised concerns about the company's going concern ability.
- Financials prepared on a going concern basis.
Price Impact
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