Sun Retail Board Approves FY26 Results with Audit Qualifications

Sun Retail Ltd's Board of Directors approved the Audited Standalone Financial Results for the half year and year ended March 31, 2026. However, the independent auditor, DDS & ASSOCIATES, issued a qualified opinion on these results. Key qualifications include the company's failure to provide clear classification of creditors for MSMED Act compliance, outstanding and unpaid TDS balances from previous years (₹24.33 Lakhs and ₹5.79 Lakhs respectively) without adequate explanations, and unsecured advances/loans granted (₹1,526.97 Lakhs) and received (₹356.23 Lakhs) without formal agreements or interest provisions. Additionally, the auditors could not verify the correctness of expenditure for DDU-GKY and other skill development projects due to a lack of internal audit reports. The trading window remains closed until 48 hours after the results declaration.