Tarini International FY26 Results: Auditor Issues Qualified Opinion
Tarini International Ltd's Board approved its audited standalone and consolidated financial results for the half and financial year ended March 31, 2026. The independent auditor issued a qualified opinion, primarily due to the management's assumption of going concern for subsidiaries with accumulated losses and net capital deficiency, without making a provision for diminution in investment of ₹121.59 Lakhs. The auditor noted that if this provision were made, the company's profit before tax would convert into a loss of ₹43.20 Lakhs. The report also included an emphasis of matter regarding unconfirmed receivables, a provisionally attached farm house by the Enforcement Directorate, and a pending Supreme Court appeal against a SEBI penalty of ₹505 Lakhs.
Key Highlights
- Board approved audited standalone and consolidated financial results for FY2026.
- Auditor issued a qualified opinion on the financial results.
- Qualified opinion due to lack of provision for ₹121.59 Lakhs diminution in subsidiary investments.
- Unprovided amount would convert profit to a ₹43.20 Lakhs loss.
- Emphasis on unconfirmed receivables, attached asset, and pending SEBI penalty appeal.