
Auditor27 May 2026, 09:31 pm
Sunil Agro Foods: Auditor's Qualified Opinion on FY26 Results
AI Summary
Sunil Agro Foods Limited received a qualified opinion from GRV&PK Chartered Accountants India on its FY26 financial results. The auditors highlighted the company's failure to provide for bad debt of ₹97.57 lakhs related to Maiyas Beverage and Foods Private Limited, which is undergoing NCLT proceedings. Additionally, the auditors drew attention to outstanding debtors and high packing material stock but did not modify their opinion on these matters. The audit was conducted in accordance with the Standards on Auditing.
Key Highlights
- Auditors issued a qualified opinion on Sunil Agro Foods' FY26 financial results.
- The company did not provide for bad debt of ₹97.57 lakhs related to Maiyas Beverage and Foods Private Limited.
- Debtors outstanding for more than 1 year amount to ₹88.90 lakhs.
- Packing material stock at year-end is ₹1016.85 Lakhs, which is very high compared to the consumption.
Price Impact
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