StockWatch
·
Other Textile Products
Quarterly Result30 May 2026, 07:41 pm

Konark Synthetic Approves FY26 Standalone Results

AI Summary

Konark Synthetic Ltd approved standalone audited financial results for the quarter and financial year ended March 31, 2026, during its board meeting on May 30, 2026. The audit report, issued by M/s. Bhuwania & Agrawal Associates, Chartered Accountants, contained an unmodified opinion. Konark Infratech Private Limited ceased to be an associate effective October 30, 2024, and India Denim Limited, a subsidiary, is under Corporate Insolvency Resolution Process.

Key Highlights

  • Standalone audited financial results for FY26 approved.
  • Auditors issued an unmodified opinion on the financial results.
  • Konark Infratech ceased to be an associate in October 2024.
  • Subsidiary India Denim Limited is under CIRP.
  • Full provision made for investment in India Denim Limited.