Gayatri Highways Limited — Others, 13-08-2025: Copy of Newspaper Publication
13-08-2025 | 01:49 pm
13-08-2025 | 01:49 pm
Gayatri Highways reported a net profit of Rs 3.15 Cr for the quarter, with total income at Rs 3.56 Cr. However, the auditors issued a qualified conclusion highlighting several material issues. These include an unconfirmed write-back of a Rs 178.88 Cr loan, unprovided interest of Rs 1.43 Cr on a defaulted loan, and significant unrecorded impairments totalling over Rs 40 Cr for investments in joint ventures with negative net worth. Additionally, a material subsidiary currently in liquidation was not properly consolidated, impacting the reliability of the overall financial figures. Investors should note these concerns.
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