Auditors issued a qualified opinion on FY26 results due to unverified loans of ₹256.27 lakhs and an unresolved ₹529.75 lakh income tax demand.
Company reported a net profit of ₹1.50 lakh for FY26, a reversal from a ₹3.44 lakh loss in the prior year.
Significant non-compliances noted, including lack of an internal auditor and failure to follow RBI NPA provisioning norms.
Auditors could not confirm the recoverability of loans or the final liability for the tax demand due to insufficient evidence.