IHL Board Approves Q2 FY26 Results; Auditor Refuses Consolidated LRR
Integrated Hitech Ltd's Board of Directors met on April 17, 2026, and approved the Unaudited Consolidated Financial Results for the quarter and six months ended September 30, 2025. The company reported a loss of ₹17.37 Lakhs for the quarter. A key issue highlighted was the auditor's refusal to issue a consolidated Limited Review Report (LRR), stating that Integrated Hitech Singapore Pte Ltd and Integrated Hitech (America) Corporation are not considered materially significant subsidiaries for consolidation. The company had previously closed both these subsidiaries during the quarter ended September 30, 2025, due to impairment. Integrated Hitech has filed a waiver application with BSE regarding the non-filing of the consolidated LRR and is seeking consideration to waive associated fines.
Key Highlights
- Board approved unaudited consolidated financial results for Q2 FY26.
- Company reported a Q2 FY26 loss of ₹17.37 Lakhs.
- Auditor declined to issue consolidated LRR for Q2 FY26.
- Two subsidiaries, Integrated Hitech Singapore and America, were closed in Q2 FY26.
- Company seeks BSE waiver for non-filing of consolidated LRR.
Price Impact