Quarterly Result27 May 2026, 07:21 pm
Mihika Industries Ltd FY26 Financial Results
AI Summary
Mihika Industries Ltd has submitted its integrated filing for the financial results for the quarter and year ended March 31, 2026. The results, audited by S. K BHAVSAR & CO., Chartered Accountants, show a true and fair view in conformity with Indian Accounting Standards. However, the auditors have raised concerns regarding the absence of balance confirmation letters and reconciliation statements for certain Trade Receivable and Trade Payable balances, as well as satisfactory supporting documents for the completeness of inventory valuation.
Key Highlights
- Mihika Industries reports financial results for the quarter and year ended March 31, 2026.
- Auditor's report expresses an unqualified opinion on the standalone financial results.
- Concerns raised about the absence of balance confirmations for trade receivables and payables.
- Auditors unable to verify the completeness of inventory valuation due to lack of supporting documents.
- Impact of these issues on the financial results is not presently ascertainable.
Price Impact
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