Procal Electronics Approves Un-Audited Standalone Q2 FY27 Results
Procal Electronics India Limited announced that its Board of Directors, in a meeting held on November 6, 2026, approved the un-audited standalone financial results for the quarter ended September 30, 2026. The board also took on record the audit report from the statutory auditors, approved the Statement of Assets and Liabilities as of September 30, 2026, and the Cash Flow Statement for the quarter. Additionally, the company disclosed related party transactions for the quarter, including a loan of ₹87,337 received by Director Mahendra Kumar Bothra. The filing also included a statement on the impact of audit qualifications, highlighting a material uncertainty about the company's ability to continue as a going concern due to eroded net worth and negative working capital. The net loss for the quarter was reported as ₹1.31.
Key Highlights
- Board approved un-audited standalone financial results for Q2 FY27.
- Audit report from statutory auditors was taken on record.
- Statement of Assets & Liabilities and Cash Flow Statement approved.
- Related party transactions disclosed, including director loan.
- Material uncertainty regarding going concern status highlighted.
Price Impact
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