Quarterly Result29 Oct 2026, 06:42 pm
Invigorated Business Consulting Ltd Declares Unaudited Financial Results
AI Summary
Invigorated Business Consulting Ltd announced its Unaudited Financial Results for the Quarter and Half Year Ended September 30, 2026, following a Board Meeting on October 29, 2026. The company also approved the appointment of M/s. GAV & Associates as Statutory Auditors for a five-year term, subject to member approval at the 2027 AGM. The financial results were accompanied by a Limited Review Report from the 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 have been maintained.
Key Highlights
- Board approved unaudited financial results for Q2 FY27 and H1 FY27.
- Appointment of GAV & Associates as Statutory Auditors approved.
- Auditors' report notes net worth fully eroded but going concern is maintained.
- Provisions for doubtful receivables and advances continue.
- Company is no longer registered as a Non-Banking Financial Institution.
Price Impact
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