Auditor29 May 2026, 08:14 pm
Thinkink Picturez: FY26 Financial Results with Modified Audit Opinion
AI Summary
Thinkink Picturez Ltd's Board approved the audited financial results for the year ended March 31, 2026. The statutory auditor, Chandabhoy & Jassoobhoy, issued an audit report with a modified opinion on the standalone financial results. The auditors disclaimed an opinion due to insufficient audit evidence regarding sales, purchases, inventory valuation, receivables, payables, unsecured loans, fixed assets, bank balances, GST receivable, income tax paid, TDS receivable, and contingent liabilities.
Key Highlights
- Auditor disclaims opinion on FY26 standalone financial results.
- Insufficient evidence for sales, purchases, and inventory valuation.
- Lack of MSME creditor bifurcation impacts regulatory compliance.
- Fixed Assets Register not maintained, hindering asset verification.
- Bank statements and reconciliations not provided for audit.
Price Impact
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