Maitri Enterprises Q4/FY26 results approved; consolidated audit qualified

Maitri Enterprises Limited's Board approved its Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Statutory Auditors issued an unmodified opinion for the standalone results. However, the consolidated financial results received a qualified opinion. This qualification stems from trade receivables of a subsidiary, where Rs. 156.64 lakhs out of a total of Rs. 269.95 lakhs (as of March 31, 2026) have been outstanding for over three years. The auditors noted that management did not provide sufficient appropriate audit evidence to substantiate the recoverability of these balances, and thus, they were unable to determine potential adjustments or their consequential impact. The auditors did not quantify the impact of this qualification. Management stated they are in the process of obtaining confirmations and recovering outstanding receivables, with necessary accounting adjustments to follow.