Anka India Ltd — Results, 14-08-2025: Result

Anka India's board has approved its standalone and consolidated financial results for the quarter ended June 30, 2025. Auditors have issued qualified opinions for both. Key concerns include ₹0.025 Cr of idle inventories and ₹7.00 Cr of intangible assets lacking impairment assessment. Additionally, ₹0.35 Cr minimum alternative tax asset recognition is questioned given past losses. For consolidated results, auditors noted ₹11.74 Cr goodwill from the Futech Internet acquisition has not been impairment tested, despite the company having no business. Investors should note these significant accounting red flags.