Premier Ltd Declares Unaudited Q1 FY27 Results Amidst CIRP

Premier Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company is currently under Corporate Insolvency Resolution Process (CIRP) as per the NCLT order dated January 29, 2021. The results were signed by the Resolution Professional, Ms. Kanak Jani. The auditors have issued a qualified conclusion, highlighting significant doubts on the company's ability to continue as a going concern due to eroded net worth and a loss of ₹176 Lakhs for the quarter. They also noted issues with asset impairment assessment, claim reconciliation, personnel records, CoC expense approvals, and non-appointment of a whole-time Company Secretary and internal auditor.