Monind Ltd Announces Audited Financial Results for FY26

Monind Ltd has announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 29, 2026. The auditor's report on the financial results has an unmodified opinion. However, the auditor has drawn attention to the fact that the company has accumulated losses resulting in erosion of net worth and has incurred net cash losses during the year and in the immediately preceding financial year. The current liabilities of the Company exceeded its current assets as at the balance sheet date. These conditions may cast doubt about the Company’s ability to continue as a going concern.