Addi Industries Limited has informed the Stock exchange regarding the submission of unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026.
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 01 Aug 2026, 06:04 PM IST · BSE ID: adaeec6d-6234-4409-a7ce-415fadaf5459
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss, its auditors resigned, and new auditors were appointed, with concerns about future operations.
🤖 AI Summary
- Addi Industries Ltd. reported a standalone net loss of ₹106.62 lakh for the quarter ended June 30, 2026.
- Total standalone income was ₹13.34 lakh for Q1 FY27, with consolidated total income at ₹13.75 lakh.
- M/s B R Gupta & Co. resigned as statutory auditors; M/s Shilpi Sharma And Co. appointed to fill the casual vacancy.
- Auditors' report highlighted a material uncertainty regarding the company's ability to continue as a going concern.
- Board of Directors approved the unaudited standalone and consolidated financial results for Q1 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Total Income for Q1 FY27
₹ 13.34 lakh
Standalone Profit/(Loss) for the period for Q1 FY27
₹ (106.62) lakh
Consolidated Total Income for Q1 FY27
₹ 13.75 lakh
Consolidated Profit/(Loss) for the period for Q1 FY27
₹ (110.28) lakh
🏢 How This Affects the Company
The company is exploring modalities to start new business ventures, but has not yet implemented them, indicating no immediate change in core business operations.
The reported standalone net loss of ₹106.62 lakh and consolidated net loss of ₹110.28 lakh for Q1 FY27 indicates continued financial losses for the period.
The change in statutory auditors from M/s B R Gupta & Co. to M/s Shilpi Sharma And Co. marks a change in external oversight.
The auditors' note on 'material uncertainty that may cast significant doubt about the Company’s ability to continue as a going concern' indicates increased financial viability risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required by shareholders based on this filing, beyond observing future developments.
👤
Who Is Affected
All shareholders are affected by the disclosed financial results and the auditor's going concern note, which indicates operational and financial risks to the company's continuity.
🔍
Management Signal
Management approved new auditors and views the going concern basis as appropriate, citing future business opportunities and positive net worth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly financial results — examine any progress on new business ventures.
Shareholder approval of new auditors — confirm appointment for the full term.
Updates on new business ventures — assess implementation status.
HIGH RISK
Auditors noted 'material uncertainty' regarding the company's ability to continue as a going concern.
💡 Investor Takeaway
Addi Industries Ltd. reported a standalone net loss of ₹106.62 lakh for Q1 FY27 and auditors raised concerns about the company's ability to continue as a going concern. The statutory auditors changed from M/s B R Gupta & Co. to M/s Shilpi Sharma And Co.
⚖️ Strengths & Concerns
⚠️ Concerns
- Standalone net loss of ₹106.62 lakh for Q1 FY27 indicates ongoing unprofitability for the reporting period.
- Auditor's report highlights 'material uncertainty that may cast significant doubt about the Company’s ability to continue as a going concern'.
📅 Company Track Record
Previous filing on August 01, 2026, confirmed Q1 FY27 standalone total income of ₹13.34 lakh and also highlighted the auditors' note on going concern uncertainty. A board meeting was scheduled on July 29, 2026, to approve these Q1 FY27 unaudited results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Addi Industries Ltd.'s standalone financial results for Q1 FY27?
Addi Industries Ltd. reported standalone total income of ₹13.34 lakh and a standalone net loss of ₹106.62 lakh for the quarter ended June 30, 2026.
What were Addi Industries Ltd.'s consolidated financial results for Q1 FY27?
Addi Industries Ltd. reported consolidated total income of ₹13.75 lakh and a consolidated net loss of ₹110.28 lakh for the quarter ended June 30, 2026.
Which auditors resigned from Addi Industries Ltd.?
M/s B R Gupta & Co., Chartered Accountants (Firm Registration No.: 008352N), resigned as statutory auditors of Addi Industries Ltd. on August 01, 2026.
Who has been appointed as the new statutory auditor for Addi Industries Ltd.?
M/s. Shilpi Sharma and Co LLP, Chartered Accountants (Firm Registration No. 021442N), has been approved as the new statutory auditor for Addi Industries Ltd., subject to shareholder approval.
Did the auditors raise any concerns about Addi Industries Ltd.'s financial viability?
Yes, the auditors drew attention to a 'material uncertainty that may cast significant doubt about the Company’s ability to continue as a going concern' in their report for Q1 FY27.
Questions based on this BSE filing only. For information purposes.