Panasonic Energy Auditor Issues Modified Opinion on FY26 Results

Panasonic Energy India Company Ltd announced that its statutory auditor, BSR and Co, has issued a modified opinion on the audited standalone financial results for the fiscal year ended March 31, 2026. The modification stems from the company's inability to comply with the Battery Waste Management Rules, 2022. The company has represented to the government regarding compliance challenges and sought revisions to the rules. Pending clarification and ongoing legal proceedings, Panasonic Energy has not recognized any provision for potential obligations under these rules, as the impact is currently unquantifiable. The financial results themselves, including turnover, profit, and net worth, were reported before adjusting for these qualifications.