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Quarterly Result31 Oct 2026, 05:31 pm

Viksit Engineering Ltd Declares Unaudited Q2 FY27 Results

AI Summary

Viksit Engineering Ltd announced its unaudited financial results for the quarter ended September 30, 2026. The Board of Directors approved these results along with the Limited Review Report from the auditors. The company's management is responsible for preparing these results in accordance with Indian Accounting Standard 34. The auditors' review indicated no material misstatements. A note in the results highlights concerns about the company's ability to continue as a going concern due to eroded net worth and lack of regular operations, but the preparation is on a going concern basis following a Resolution Plan approved by the NCLT and takeover by new promoters intending to revive operations.

Key Highlights

  • Board approved unaudited financial results for Q2 FY27.
  • Limited Review Report from auditors attached.
  • Financial results prepared on a going concern basis.
  • New promoters intend to revive operations and introduce new business opportunities.