Quarterly Result3 Sept 2026, 05:40 pm
Electrotherm FY26 Net Loss ₹16.18 Cr Amid Audit Qualifications
AI Summary
Electrotherm (India) Ltd has released its 40th Annual Report for the financial year ended March 31, 2026. The report highlights a net loss of ₹16.18 Crores, with total income at ₹3696.54 Crores and total expenditure at ₹3716.35 Crores. A significant audit qualification was noted regarding the non-provision of interest on Non-Performing Assets (NPA) amounting to ₹149.61 Crore for the year, with cumulative unprovided interest reaching ₹1066.12 Crore. The company's net worth is reported as negative ₹109.06 Crores. The audit opinion was qualified, and this qualification is noted as repetitive since FY 2011-12.
Key Highlights
- FY26 net loss reported at ₹16.18 Crores.
- Total income stood at ₹3696.54 Crores.
- Significant audit qualification on NPA interest non-provision.
- Cumulative unprovided NPA interest totals ₹1066.12 Crores.
- Company reports negative net worth of ₹109.06 Crores.
Price Impact
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