Quarterly Result25 May 2026, 09:21 pm
Harrisons Malayalam Audited Results for Year Ended March 2026
AI Summary
Harrisons Malayalam Ltd has released its audited financial results for the quarter and year ended March 31, 2026. The board approved the standalone and consolidated financial statements and a forensic audit report by M/s. Suri & Co. The forensic report identified instances of misappropriation of funds by junior employees at the estate level, with corrective actions initiated. The auditor's report by Walker Chandiok & Co. LLP has an unmodified opinion.
Key Highlights
- Audited financial results (standalone and consolidated) for FY26 approved.
- Forensic audit report revealed misappropriation of funds at estate level.
- Corrective and disciplinary actions initiated against involved employees.
- Internal control mechanisms are being strengthened.
- Auditor's report has an unmodified opinion.
Price Impact
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