Shree Krishna Infrastructure Limited reported a net profit of ₹9.32 crore for the financial year ended March 31, 2026, but its statutory auditor issued a disclaimer of opinion due to an inability to verify financial records. The auditor, NKSC & Co, stated in a report dated May 29, 2026, that a change in management during the year prevented the verification of key transactions, including bank statements, loan agreements, and trade receivables. Consequently, the auditor could not confirm the company's state of affairs, profit, or cash flows for the period.

The company disclosed the impact of these audit qualifications in a statement submitted to BSE Limited. The document, reviewed and approved by the Board of Directors on May 29, 2026, outlines the auditor's findings and management's response. Despite the qualification, the reported financial figures for the standalone and consolidated results remain unchanged, with no adjustments made to the initial audited numbers.

The reported turnover for FY26 stood at ₹65.37 crore, while total expenditure was recorded at ₹54.20 crore. Earnings per share (EPS) for the year were 0.08. The company's total assets and total liabilities were both reported at ₹1199.91 crore, resulting in a net worth of ₹1199.57 crore. These figures are presented as reported before adjusting for the audit qualifications, as the impact could not be quantified by the auditor or estimated by the management.

Financial Highlights for FY26

Management and Auditor Response

The audit qualification appeared for the first time in the current financial year. In response to the disclaimer of opinion, the management stated that it is looking into the matter. However, the statement indicates that the management was unable to estimate the financial impact of the qualification, and the auditors provided no additional comments on management's estimation. The signatories to the statement included Managing Director and CEO Mr. Anil Shiv Charan Singh, CFO Mr. Vishal Gupta, and Statutory Auditor Mr. Priyank Goyal.

Shree Krishna Infrastructure Limited reported a net loss of ₹15.25 crore for the financial year ended March 31, 2026, with total income standing at ₹8.26 crore. The company's statutory auditor, NKSC & Co., issued a disclaimer of opinion on the financial statements due to a change in management during the year, which prevented the verification of key financial records.

The auditor noted that the current management was unable to provide sufficient and appropriate financial or accounting records. This included bank statements, loan agreements, confirmations for trade receivables and payables, and supporting vouchers for sales and expenses. Consequently, the auditor could not verify the state of affairs, profit, or cash flows for the year ended March 31, 2026.

In compliance with SEBI LODR Regulation 33(3)(d), the company submitted a statement detailing the impact of these audit qualifications. The document outlined the management's views and explanations regarding the qualification. Management stated that it is currently looking into the matter, though it did not provide a quantified estimate of the financial impact.

The Board of Directors reviewed and approved the statement on the impact of audit qualifications during their meeting held on May 29, 2026. The disclosure was submitted to BSE Limited, where the company is listed under the scrip code 542146.

The following table presents the audited financial figures for the financial year ended March 31, 2026, as reported before and after adjusting for the qualifications. The figures remained unchanged as the impact was not quantified.

The signatories to the statement included Managing Director Anil Shiv Charan Singh, CFO Vishal Gupta, and Statutory Auditor Priyank Goyal.