IL&FS Engineering and Construction Company Ltd
Submission of Unaudited Financial Results for Q1, FY 2026-27
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 01 Aug 2026, 11:42 PM IST · BSE ID: 6e24384e-6910-4380-b20c-227a6e4a8e4c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a standalone loss and consolidated profit for the quarter, but auditors expressed serious concerns about its financial stability.
🤖 AI Summary
- Board of Directors approved Unaudited Standalone and Consolidated Financial Results for Quarter ended June 30, 2026.
- Standalone Net Profit/(Loss) after Exceptional Item and tax was (4) units for Q1 FY27.
- Consolidated Net Profit /(loss) after Exceptional Items and tax was 1 unit for Q1 FY27.
- Auditors flagged a material uncertainty regarding the Company's ability to continue as a going concern.
- Non-recognition of interest expense on borrowings totalled 3,19,557 Lakhs approximately as of June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from operations Q1 FY27
3.760
Standalone Net Profit/(Loss) after tax Q1 FY27
(4)
Consolidated Revenue from operations Q1 FY27
3.760
Consolidated Net Profit /(loss) after tax Q1 FY27
1
Aggregate interest expense not recognized (as of June 30, 2026)
3,19,557 Lakhs approximately
🏢 How This Affects the Company
Revenue from operations for Q1 FY27 was 3.760 units (Standalone and Consolidated), indicating current business activity levels.
The Company reported a standalone net loss of (4) units and consolidated net profit of 1 unit. Non-recognition of significant interest expense affects the reported financial position, with 3,19,557 Lakhs approximately of interest not recognized as of June 30, 2026.
The auditor's report highlighted a material uncertainty regarding the Company's ability to continue as a going concern, casting significant doubt on its long-term viability without resolution process finalization. Ongoing investigations by SFIO and ED also present an unquantified risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the disclosed financial results and the auditor's going concern warning, as it relates to the fundamental viability of the company.
🔍
Management Signal
The management's preparation of results on a going concern basis, despite auditor's warning, signals belief in the ongoing resolution process and NCLAT interim orders.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Updates on the resolution process and NCLAT orders.
Subsequent quarterly financial results for continued financial performance.
Outcome of ongoing investigations by SFIO, ED, and other agencies.
HIGH RISK
Material uncertainty related to going concern and unquantified impact of ongoing investigations.
💡 Investor Takeaway
IL&FS Engineering reported a Q1 FY27 standalone net loss of (4) units and consolidated net profit of 1 unit. Auditors flagged a material uncertainty concerning the Company's going concern ability and noted approximately 3,19,557 Lakhs of unrecognised interest expense.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Net Profit after Exceptional Items and tax was 1 unit for the quarter ended June 30, 2026.
- Other income contributed 1.139 units to total income for the quarter ended June 30, 2026, for both Standalone and Consolidated results.
⚠️ Concerns
- Standalone Net Profit/(Loss) after Exceptional Item and tax was (4) units for Q1 FY27.
- Auditors identified a material uncertainty related to the Company's going concern status due to continued losses and net worth erosion.
- Aggregate non-recognition of interest expense on borrowings was 3,19,557 Lakhs approximately as of June 30, 2026.
- Revenue from operations decreased to 3.760 units in Q1 FY27 from 4.122 units in Q1 FY26 (Standalone and Consolidated).
📅 Company Track Record
No previous filings found for this company provide historical context for performance trends. The company was incorporated in 1988.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were IL&FS Engineering's Standalone Financial Results for Q1 FY27?
IL&FS Engineering reported Standalone Revenue from operations of 3.760 units and a Net Profit/(Loss) after tax of (4) units for the quarter ended June 30, 2026.
What were IL&FS Engineering's Consolidated Financial Results for Q1 FY27?
IL&FS Engineering reported Consolidated Revenue from operations of 3.760 units and a Net Profit /(loss) after tax of 1 unit for the quarter ended June 30, 2026.
What is the auditor's finding regarding IL&FS Engineering's ability to continue as a going concern?
The independent auditor's report highlights a material uncertainty that casts significant doubt on the Company's ability to continue as a going concern due to continued losses and erosion of net worth.
What is the amount of unrecognised interest expense for IL&FS Engineering?
The aggregate amount of interest expense not recognized as at June 30, 2026, is 3,19,557 Lakhs approximately.
What ongoing investigations are mentioned for IL&FS Engineering?
Ongoing investigations by the Serious Fraud Investigation Office (SFIO) and Enforcement Directorate (ED) against IL&FS and its subsidiaries, including the Company, are noted in the filing.
Questions based on this BSE filing only. For information purposes.