Elitecon International Ltd — Results, 12-08-2025: Result

Elitecon International Limited's auditors have completed their review of the financial results for the quarter. Their review indicates that the unaudited financial statements accurately disclose the required information and contain no material misstatements. However, a significant development is a Show Cause Notice issued by DGGI for Rs. 387.43 crores concerning GST for October 2020 to October 2024. This notice is currently pending a decision from the authorities, and the company is preparing its response. The auditors noted this matter but confirmed it does not alter their findings on the financial results. This potential liability warrants close attention from investors.