Board Meeting28 Jul 2026, 05:30 pm
Invigorated Business Consulting Ltd Board Approves Q1 FY27 Unaudited Results
AI Summary
Invigorated Business Consulting Ltd announced that its Board of Directors met on July 28, 2026, to approve the Unaudited Financial Results for the quarter ended June 30, 2026. The results, along with the Limited Review Report from the Statutory Auditors, have been submitted. The auditor's report notes that the company's net worth is fully eroded, but management believes the going concern concept is not vitiated due to future business plans. Provisions for doubtful trade receivables and advances remain significant.
Key Highlights
- Board approved Unaudited Financial Results for Q1 FY27.
- Results submitted with Statutory Auditors' Limited Review Report.
- Net worth fully eroded, but management maintains going concern.
- Significant provisions for doubtful receivables and advances continue.
Price Impact
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