540174 Q4/FY26 Results: Auditors Issue Qualified Opinion

The Board of Directors of 540174 approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The independent auditors issued a qualified opinion on the standalone annual financial results. The qualification stems from the company's failure to make a provision for Gratuity as mandated by Indian Accounting Standard-19 (Ind AS 19), leading to an understatement of net loss and provisions, and an overstatement of cumulative net profits. Additionally, the auditors highlighted an emphasis of matter regarding unconfirmed and unreconciled trade receivables and payables. The board also approved the appointment of Mr. D.K. Shrivastava as the Internal Auditor for FY 2025-2026.