StockWatch
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Hotels & Resorts
Quarterly Result29 May 2026, 09:33 pm

Sterling Green Woods: Audited Results for FY26 with Modified Opinion

AI Summary

Sterling Green Woods Ltd announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board approved the results on May 29, 2026, and the auditor, Nahta Jain & Associates, issued audit reports with a modified opinion on both standalone and consolidated results. The auditor highlighted concerns regarding the accounting software's edit log facility and the non-ascertainment of impairment of certain resort assets.

Key Highlights

  • Audited financial results (standalone and consolidated) approved for FY26.
  • Auditor, Nahta Jain & Associates, issued modified opinions on the audit reports.
  • Concerns raised about the implementation of the accounting software's edit log facility.
  • Impairment of certain resort assets not ascertained during the audit year.