C&C Constructions reported audited standalone and consolidated net losses of ₹287.93 crore and ₹287.98 crore respectively for FY26, following its acquisition out of liquidation.
The company was acquired as a going concern by RK Constructions in December 2024, but liquidation proceedings remain formally open with NCLT, creating financial reporting uncertainties.
Statutory auditors issued an unmodified opinion with emphasis on material uncertainties regarding incomplete records from the liquidator and pending NCLT relief applications.
Board appointed Rahul J Garg & Associates as new internal auditors and acknowledged ongoing legal proceedings including ₹0.96 crore EPF damages case.