Auditors issued disclaimer opinion on IGC Industries FY2026 financial statements due to insufficient audit evidence.
Company reported net loss of ₹264 lakhs for Q4 and ₹292.97 lakhs for FY2026 with negative reserves of ₹1326.67 lakhs.
Auditors could not verify ₹20 crore investment in CNX Corporation and ₹21.85 crore advances to suppliers.
Multiple undisputed income tax dues totaling ₹19.88 crore remain outstanding for assessment years 2015-16 to 2020-21.