AMS Polymers Ltd — Results, 28-05-2025: Integrated Filing

AMS Polymers Limited has announced a board meeting to approve the financial results for the quarter and half-year. The auditor, KVA & Company, issued an adverse opinion on the standalone annual results, citing material issues including lack of proper fixed asset records, absence of physical verification and valuation of inventory, missing ageing schedules and confirmations for trade receivables and payables, no provision for gratuity liability, and non-compliance in related party transaction disclosures. These shortcomings raise significant concerns over the accuracy and reliability of the company’s financial statements. The company reported a net profit after tax of ₹16.39 lakh for the year, with increased borrowings and trade payables impacting current liabilities.