International Data Management Ltd. reports FY26 net loss of 13.87 lakhs

International Data Management Limited's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at their meeting on May 28, 2026. The company reported a net loss of 13.87 lakhs for the current year and 12.83 lakhs in the previous year. The statutory auditors, M/s. V. Nagarajan & Co., issued an unmodified opinion on the financial results. However, the auditors highlighted a "Material Uncertainty Related to Going Concern" due to significant accumulated losses, fully eroded net worth, and current liabilities exceeding current assets by 438.19 lakhs as of March 31, 2026. Despite this, the financial statements were prepared on a going concern basis, relying on financial support from the Promoter Group.