StockWatch
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Cables - Electricals
Board Meeting11 Aug 2026, 06:44 pm

Quadrant Future Tek Reappoints Cost Auditor; Approves Q1 FY27 Results

AI Summary

Quadrant Future Tek Ltd announced the reappointment of M/s SDM & Associates as Cost Auditors for FY 2026-27. The company's Board of Directors also approved the un-audited financial results for the quarter ended June 30, 2026. The results show a revenue from operations of ₹405.88 million and a net loss of ₹91.32 million for the quarter. The company also announced the convening of its 11th Annual General Meeting on September 25, 2026, to be held via Video Conferencing. The statutory auditors, M/s. Sanmarks & Associates, provided a limited review report on the quarterly results, noting a cash loss of ₹25.71 million during the quarter, but expressed satisfaction with the going concern assumption.

Key Highlights

  • M/s SDM & Associates reappointed as Cost Auditors for FY 2026-27.
  • Q1 FY27 revenue at ₹405.88 million, with a net loss of ₹91.32 million.
  • 11th AGM scheduled for September 25, 2026, via Video Conferencing.
  • Statutory auditors noted cash loss but deemed going concern appropriate.