Priya Ltd Declares Un-Audited Q1 FY27 Results; Auditor Notes Adverse Remarks

Priya Ltd announced its un-audited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the results in a meeting held on August 12, 2026. The company's auditor, M/s. JM & Associates, provided an adverse remark, and a statement detailing the impact of this qualification is attached. The company's financial situation remains precarious, with total liabilities exceeding total assets by ₹4,553.29 lakhs as of June 30, 2026, due to ongoing issues with NPA classification and property auctions by banks. Business operations have largely ceased, with only the Mumbai branch remaining active.