Shree Krishna Infrastructure Ltd's Financial Results Qualified Due to Audit Findings for FY 2025-2026
Shree Krishna Infrastructure Ltd has reported that its financial statements for the fiscal year ended March 31, 2026, are subject to an audit qualification following review by auditors. The statement concerns the impact of this qualification on the company's financial standing and performance.The qualification arose due to challenges in verifying critical transactions during the current financial year. Management faced difficulties because sufficient and appropriate financial and accounting records were not available to support transactions recorded in the books of accounts. These deficiencies included bank statements, loan agreements, trade receivables and trade payables confirmations, and supporting vouchers for sales and other expenses throughout the year.
Consequently, the company was unable to confirm or verify, by alternative means, the true state of affairs of the company, including its profit and cash flows, for the period ending March 31, 2026. The audit qualification is categorized as a Qualified Opinion/Disclaimer of Opinion + Adverse Opinion. Management has indicated that it is looking into the matter.
Financial Impact Summary
The impact of the audit qualification on key financial metrics for Shree Krishna Infrastructure Ltd is detailed below. All reported figures remain consistent across both the initial audited and adjusted figures, according to the provided statement.| Particulars | Audited Figures (Reported) | Adjusted Figures (After Qualification) |
|---|---|---|
| Turnover / Total income | 8.26 | 8.26 |
| Total Expenditure | 23.51 | 23.51 |
| Net Profit/(Loss) | -15.25 | -15.25 |
| Earnings Per Share | -0.08 | -0.08 |
| Total Assets | 1991.24 | 1991.24 |
| Total Liabilities | 1991.24 | 1991.24 |
| Net Worth | 1958.57 | 1958.57 |
The management has provided the necessary details and explanations regarding these audit qualifications, which were reviewed and approved by the Board of Directors in their meeting held on May 29, 2026.
Stock Price Movement
Shree Krishna Infrastructure Ltd settled at ₹10.93 on Wednesday, declining by 4.96% in post-market trading. The stock remained locked and completely flat throughout the session, achieving neither an intraday high nor low separate from the closing price.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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