Board Meeting31 Jul 2026, 07:11 pm
Khaitan (India) Ltd Declares Q1 FY27 Unaudited Results
AI Summary
Khaitan (India) Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on July 31, 2026. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS 34) and were subject to a limited review by statutory auditors K. C. Bhattacherjee & Paul LLP. The auditors noted a qualified conclusion regarding the treatment of the company's sugar mill assets, suggesting they should have been classified under 'Discontinued Operations' instead of continuing business operations.
Key Highlights
- Company announced unaudited financial results for Q1 FY27.
- Results approved by the Board of Directors on July 31, 2026.
- Limited review report issued by statutory auditors.
- Auditors issued a qualified conclusion on financial reporting.
- Discrepancy noted in classification of sugar mill assets.
Price Impact
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