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Quarterly Result14 Aug 2026, 09:20 pm

Konark Synthetic Ltd Declares Unaudited Standalone Q1 FY27 Results

AI Summary

Konark Synthetic Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company will not be preparing consolidated results as its associate, Konark Infratech Private Limited, ceased to be an associate from October 30, 2024. Additionally, its subsidiary, India Denim Limited, is under Corporate Insolvency Resolution Process, with its interim financial information unavailable. The company has fully provided for its investment in this subsidiary. The Board of Directors also re-appointed M/s. Abhishek Wagh & Associates as Secretarial Auditors for FY26 and FY27.

Key Highlights

  • Unaudited standalone financial results for Q1 FY27 declared.
  • Consolidated results not prepared due to associate status change.
  • Subsidiary India Denim Limited is under insolvency resolution.
  • Secretarial Auditors re-appointed for FY26 and FY27.