StockWatch
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Asset Management Company
Quarterly Result29 May 2026, 09:39 pm

IL&FS Investment Managers Approves FY26 Standalone Results

AI Summary

IL&FS Investment Managers Ltd approved the audited standalone financial statements for the year ended March 31, 2026. The consolidated financial statements were not finalized due to pending reports from subsidiaries. A dividend of ₹0.70 per share was recommended, subject to shareholder approval. The auditor's report included a modified opinion due to an ongoing investigation by the SFIO.

Key Highlights

  • Standalone financial statements for FY26 approved with a modified auditor's opinion.
  • Consolidated financial results delayed due to pending subsidiary reports.
  • Dividend of ₹0.70 per share recommended, pending shareholder approval.
  • Auditor highlights material uncertainty regarding going concern due to lack of fee income.
  • SFIO investigation impacts auditor's opinion on financial statements.