StockWatch
·
Plastic Products - Industrial
Quarterly Updates25 May 2026, 06:32 pm

Integrated Thermoplastics Approves Audited FY26 Results

AI Summary

Integrated Thermoplastics Ltd's board meeting on May 25, 2026, approved the audited financial results for the year ended March 31, 2026. The auditor's report, forming part of the standalone financials, noted a qualified opinion due to pending confirmation and reconciliation of receivables and payables, non-appointment of an internal auditor, disproportionate creditor balances, and significant losses against turnover. The company incurred a loss of ₹4,82,72,773 against a turnover of ₹2,45,40,659.

Key Highlights

  • Audited financial results for FY26 approved in board meeting.
  • Auditor's report notes a qualified opinion.
  • Company incurred a loss of ₹4,82,72,773 for FY26.
  • Internal auditor not appointed as required by Companies Act 2013.
  • Significant outstanding creditors noted by auditor.