Gradiente Infotainment Limited Approves Audited Financial Results for March 2026
Gradiente Infotainment Limited announced the outcome of its Board Meeting held on May 30, 2026. The Board approved the Audited Standalone Financial Results of the Company, along with the Audit Report, for the quarter and year ended March 31, 2026.The Board Meeting commenced on May 30, 2026, at 4:00 P.M. and continued until it concluded on Monday, June 1, 2026, at 6:10 P.M. The company's audited standalone financial results for the quarter and year ended March 31, 2026, were also made available in the filing.
Quarterly and Annual Financial Highlights
The financial results presented showed varying revenue and profit trends across the reporting periods.| Particulars | Three months ended 31-03-2026 | Three months ended 31-12-2025 | Three months ended 31-03-25 | Year ended 31-03-2026 | Year ended 31-03-25 |
|---|---|---|---|---|---|
| Total Revenue/Income | 2,987.46 Lakhs | 1,301.52 Lakhs | 155.66 Lakhs | 2,986.32 Lakhs | 2,128.19 Lakhs |
| Total Expenses | 1,406.72 Lakhs | 970.00 Lakhs | 280.19 Lakhs | 2,573.63 Lakhs | 2,032.32 Lakhs |
| Net Profit/(Loss) for the Period | 10.18 Lakhs | 248.04 Lakhs | -124.52 Lakhs | 296.83 Lakhs | 71.34 Lakhs |
| Earnings Per Share (Basic) | 0.10 | 0.07 | -0.04 | 0.09 | 0.02 |
(All amounts are in Lakhs)
Audit Findings and Qualified Opinion
The company's independent auditor, S. K. Dhar & Co. Chartered Accountants, issued a Qualified Opinion on the Standalone Ind AS financial statements. The audit report identified several areas leading to this qualification.Key reasons cited by the auditors for the qualified opinion include:
- Unconfirmed Balances: The balances related to trade receivables, Fixed deposit, Deposits, other current assets, Bank Overdrafts, Term Loans, Bank Balances, Advances to Vendors, trade payables, and other current liabilities could not be confirmed, and their consequent impact, confirmation, reconciliation, or adjustment is not ascertainable.
- Supplier Verification: Balances of suppliers, whether debit or credit, are subject to confirmation, reconciliation, and potential adjustment, and the impact on Profit could not be ascertained.
- Cash Withdrawals and Inoperative Accounts: Management could not provide a satisfactory explanation for cash withdrawals from the bank amounting to Rs. 42.25 Lakhs during the year. Furthermore, there are inoperative accounts amounting to Rs. 1.06 Lakhs for which management did not provide confirmation.
- Gratuity Transfer: As per the audited financial statements as of 31.03.2026, there is a gratuity payable of Rs. 16.02 Lakhs, which was transferred to an unsecured loan from directors and shares allotted against this amount.
The auditors noted that the overall impact of these qualifications on the Statement of Profit and Loss and the Balance Sheet could not be ascertained.
Financial Position and Cash Flow Summary
Balance Sheet at March 31, 2026
The balance sheet figures show a significant total asset value compared to the previous year, although liabilities remain substantial.| Particulars | 31 March 2026 (Lakhs) | 31 March 2025 (Lakhs) |
|---|---|---|
| Total Non-Current Assets | 3,827.25 | 3,824.43 |
| Total Current Assets | 32,114.07 | 30,075.56 |
| Total Assets | 35,941.33 | 33,389.99 |
| Total Equity | 31,496.20 | 3,020.96 |
| Total Non-Current Liabilities | 1,025.35 | 812.22 |
| Total Current Liabilities | 3,419.77 | 2,066.78 |
| Total Equity and Liabilities | 35,941.32 | 33,899.99 |
Cash Flow Statement for the year ended March 31, 2026
Cash generation and utilization show varied streams for the reporting period.| Cash Flow Category | 31 March 2026 (Lakhs) | 31 March 2025 (Lakhs) |
|---|---|---|
| Net Cash from Operating Activities | (84.73) | (24,431.05) |
| Net Cash used in Investing Activities | (43.06) | (156.40) |
| Net Cash used in Financing Activities | 151.15 | 24,600.74 |
| Net Increase/(Decrease) in Cash | 23.36 | 13.31 |
| Cash and Cash equivalents at the end of the year | 65.61 | 42.25 |
(All amounts are in Lakhs)
GRADIENTE Stock Price Movement
Gradiente Infotainment Limited shares today slipped by 4.80% to settle at ₹3.57. The stock plummeted to its 52-week low, closing the session at ₹3.57 amid a total traded volume of 78,930 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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