Bharat Road Network Limited — Others, 12-08-2025: Change in Auditors

Bharat Road Network Limited has approved its financial results for the quarter ended June 30, 2025. Auditors, however, highlighted significant concerns. The company did not account for Rs. 39.57 Cr in interest on a Rs. 193.58 Cr financial support, overstating profit by Rs. 10.38 Cr. This, along with repayment defaults and significant losses, casts doubt on the company's ability to continue as a going concern. A subsidiary also faced an asset freeze of Rs. 125.21 Cr and similar non-recognition of interest. Additionally, the company recorded a gain of Rs. 183.92 Cr from ceasing control of a subsidiary after impairing Rs. 231.16 Cr in investments.