Uravi Defence and Technology Ltd
Statement of Impact of Audit Qualification on Audited Consolidated Financial Results for the year ended March 31, 2026
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 19 Jun 2026, 03:55 PM IST · BSE ID: 1dcf9d12-48bc-4409-bfc3-28b8decb43b0
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's full-year consolidated accounts for March 2026 received a qualified audit opinion, but standalone results were clean.
🤖 AI Summary
- Uravi Defence submitted the Statement of Impact of Audit Qualification for Audited Consolidated Financial Results for FY26.
- Statutory Auditors issued a Modified Opinion on Consolidated Financial Results for the year ended March 31, 2026.
- The company confirmed there is no change or revision in the financial results submitted on May 28, 2026.
- The Independent Auditor's Report issued an unmodified opinion on the standalone financial results for FY26.
🏢 How This Affects the Company
The Modified Opinion on consolidated financial results signals potential unaddressed accounting or disclosure issues that auditors found significant. This introduces uncertainty regarding the completeness or accuracy of the consolidated financial picture.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial reporting quality, as a Modified Opinion on consolidated results can influence perceptions of financial transparency and accuracy.
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Management Signal
Management's disclosure confirms the audit qualification while emphasizing no revision to the already submitted financial figures, indicating adherence to regulatory requirements despite the modified opinion.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Detailed Audited Consolidated Financial Results for FY26 — review specific audit qualification notes.
Next Board Meeting outcome — check for discussions or actions related to audit findings.
Q1 FY27 results — evaluate if any impact from audit qualification reflects in subsequent reporting.
MEDIUM RISK
Modified Opinion on consolidated financial results indicates a potential reporting risk.
💡 Investor Takeaway
Uravi Defence and Technology Ltd. received a Modified Opinion on its Audited Consolidated Financial Results for the year ended March 31, 2026. The company stated no change in previously submitted financial results. The standalone financial results received an unmodified audit opinion.
⚖️ Strengths & Concerns
✅ Positives
- The Independent Auditor's Report on standalone financial results for FY26 confirmed an unmodified opinion.
- The company explicitly stated no change or revision in the financial results submitted previously on May 28, 2026.
⚠️ Concerns
- Statutory Auditors issued a Modified Opinion on the Audited Consolidated Financial Results for the year ended March 31, 2026.
- The filing does not provide details of the specific reasons for the Modified Opinion on the consolidated results.
📅 Company Track Record
Uravi Defence's prior nine-month profit for FY26 was ₹180.30 lakhs, with 72% from discontinued operations and weak continuing margin at 1.97%. The company reported a net profit of ₹180.30 lakhs on revenue of ₹2,576.99 lakhs for the nine months ended December 31, 2025.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the key update regarding Uravi Defence's financial results?
Uravi Defence and Technology Ltd. submitted a Statement of Impact of Audit Qualification for its Audited Consolidated Financial Results for the year ended March 31, 2026, following a Modified Opinion from its Statutory Auditors.
Did Uravi Defence revise its financial results?
No, the company clarified that there is no change or revision in the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, which were submitted on May 28, 2026.
What was the audit opinion on Uravi Defence's standalone financial results?
The Independent Auditor's Report issued an unmodified opinion on the Audited Standalone Financial Results for the year ended March 31, 2026.
Questions based on this BSE filing only. For information purposes.