Tijaria Polypipes Declares Un-audited Q1 FY27 Results
Tijaria Polypipes Limited announced its standalone un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on August 14, 2026. The auditor's report highlights several significant issues, including the classification of loans as Non-Performing Assets (NPA) by Bank of India, forfeiture of promoter shares, and the company's decision not to provide interest on NPA accounts since July 2022. Additionally, the company has substantial outstanding receivables and advances without independent confirmation, and a lack of physical verification of fixed assets. The auditor could not obtain sufficient appropriate audit evidence for several areas.
Key Highlights
- Standalone un-audited financial results for Q1 FY27 declared.
- Board meeting held on August 14, 2026, approved the results.
- Auditor noted significant issues with NPA, share forfeiture, and receivables.
- Lack of independent confirmation for loans and advances.
- Auditor expressed limitations due to insufficient audit evidence.
Price Impact
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