Quarterly Result26 May 2026, 05:41 pm
Innovative Ideals: Audited Financial Results for FY26
AI Summary
Innovative Ideals and Services (India) Ltd approved audited financial results for the year ended March 31, 2026, with a modified audit opinion. The board re-appointed Mr. Omprakash Luthra as internal auditor for FY 2026-27. The meeting, held on May 26, 2026, commenced at 03:30 p.m. and concluded at 04:20 p.m. The auditor's report indicates a qualified opinion due to matters related to inventory valuation.
Key Highlights
- Audited financial results for FY26 approved with modified audit opinion.
- Mr. Omprakash Luthra re-appointed as internal auditor for FY 2026-27.
- Auditor's report indicates a qualified opinion due to inventory valuation issues.
- Inventories carried at ₹50.40 Lakhs not stated at lower of cost or net realizable value.
Price Impact
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