Quarterly Result13 Aug 2026, 06:45 pm
IndiaNivesh Declares Un-Audited Q1 FY27 Results
AI Summary
IndiaNivesh Ltd announced its un-audited financial results for the first quarter ended June 30, 2026. The results, which were standalone and consolidated, were approved by the Board of Directors on August 13, 2026. The company noted that interest for the current quarter on two outstanding loans totaling ₹141.60 crores was not provided as per negotiated terms, which would have increased finance costs, losses, and liabilities had it been accounted for. The company's networth is eroded, but management plans to induct funds to meet obligations.
Key Highlights
- Un-audited standalone and consolidated results for Q1 FY27 declared.
- Board approved results on August 13, 2026.
- Interest on loans totaling ₹141.60 Cr not provided as per terms.
- Networth eroded; management to inject funds.
- Short-term borrowings used for long-term investment costs.
Price Impact
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