StockWatch
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Other Financial Services
Board Meeting28 Jul 2026, 05:41 pm

Invigorated Business Consulting Ltd Approves Unaudited Q1 FY27 Results

AI Summary

Invigorated Business Consulting Ltd announced that its Board of Directors, in a meeting held on July 28, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results were prepared in accordance with Indian Accounting Standard 34 and reviewed by statutory auditors. The company's net worth has been fully eroded, but management believes the going concern concept is not vitiated due to future business plans. Provisions for doubtful trade receivables and advances continue to be maintained.

Key Highlights

  • Board approved unaudited financial results for Q1 FY27.
  • Results prepared as per Ind AS 34 and reviewed by auditors.
  • Net worth fully eroded, but going concern assumption maintained.
  • Provisions for doubtful receivables and advances remain.
  • Company no longer registered as an NBFI with RBI.