Sharika Enterprises reported a standalone net loss of ₹768.55 lakhs for FY26, with auditors issuing a qualified opinion over inventory and receivables.
Auditors qualified the results due to lack of provisions for ₹145.69 lakhs slow-moving inventory and unassessed recoverability of ₹244.62 lakhs in advances.
The audit report highlighted uncertainty over ₹5,417.79 lakhs in trade receivables without expected credit loss provisioning under Ind AS 109.
Board approved audited results for quarter and year ended March 31, 2026, following meetings on May 20-21, 2026.