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Dharani Finance LtdImportant, 16-05-2026: Company Update

16-05-2026 · 12:58 pm

Dharani Finance's board approved its audited financial results for the quarter and financial year ended March 31, 2026, reporting a profit of 0.55 Cr for the year, and re-appointed M/s. R Balachandran & Co as Internal Auditors for FY 2026-27. Auditors issued a qualified opinion, citing unreceived interest on an Inter-corporate Deposit of 2.00 Cr, with total outstanding receivables of 2.72 Cr. This raises significant concern that providing for this amount would lower net owned funds below required limits, potentially impacting the company's ability to continue as a going concern.

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