IMP Powers publishes audited FY26 results, opens share transfer window
IMP Powers Limited published its audited financial results for the year ended March 31, 2026, reporting a net profit of ₹11.02 lakh against a loss of ₹208.40 lakh in FY25. The auditors issued a modified opinion citing outstanding receivables of ₹39.86 crore and unverified assets worth ₹21.83 crore. Additionally, the company opened a special window until February 4, 2027, for re-lodging physical share transfer requests.

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IMP Powers Limited published the extracts of its standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, in the Financial Express and Damanganga Times on May 28, 2026. This disclosure complies with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported a return to profitability for the financial year, with a net profit of ₹11.02 lakh compared to a net loss of ₹208.40 lakh in the previous year, driven by the resumption of business activities following its insolvency resolution process.
The board approved the financial results at its meeting held on May 26, 2026. M/s. B J S and Associates, Chartered Accountants, issued an audit report with a modified opinion, flagging that gross trade receivables amounting to ₹39.86 crore remain outstanding for over three years without expected credit loss recognition. Additionally, balances aggregating to ₹0.95 crore under bank balances and ₹21.83 crore under other current assets could not be substantiated due to a lack of independent confirmations and supporting documentation. The auditors also noted the company did not carry out an impairment assessment of assets as of March 31, 2026, despite prolonged suspension of production activities during the Corporate Insolvency Resolution Process (CIRP).
In a separate disclosure, the company informed shareholders about a special window for the re-lodgement of transfer requests of physical shares. This facility, open from February 5, 2026, to February 4, 2027, allows shareholders to submit requests for shares originally lodged before April 1, 2019, that were rejected or returned due to document deficiencies. All re-lodged shares will be issued only in dematerialized form. Shareholders must submit necessary documents to the Registrar and Transfer Agent, MUFG Intime India Private Limited.
Key Financial Highlights (Standalone)
| Particulars | Year Ended March 31, 2026 (₹ in Lakhs) | Year Ended March 31, 2025 (₹ in Lakhs) |
|---|---|---|
| Total Income | 3,682.67 | 1,325.95 |
| Total Expenses | 3,570.12 | 1,510.38 |
| Net Profit for the Period | 13.62 | (208.40) |
| Total Comprehensive Income | 11.02 | (211.87) |
| Earnings Per Share (Basic) | 0.16 | (2.41) |
The board also approved the re-appointment of M/s. NPV & Associates LLP as the internal auditor for the financial year 2026-27. The company stated it is currently undertaking verification procedures for assets and trade receivables inherited from the pre-resolution period, and appropriate accounting treatment will be recorded upon completion of this exercise and receipt of the final distribution order from the National Company Law Tribunal.
Historical Stock Returns for KKV Agro Powers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -4.81% | -3.31% | +16.76% | +104.33% |
How will the company address the auditor's modified opinion regarding the ₹39.86 crore in outstanding trade receivables?
What is the expected timeline for completing the verification procedures of pre-resolution assets and receiving the NCLT order?
Will the resumption of business activities be sufficient to sustain profitability given the lack of impairment assessment on assets?



























