Toyam Sports Reports Q3 FY27 Results with Qualified Audit Opinion
Published on: April 26, 2026, 10:19 a.m. | Source: scanx.trade
Toyam Sports Limited's board approved unaudited standalone and consolidated financial results for Q3 FY27 ended December 31, 2025, at a meeting on April 23, 2026. Standalone results showed net loss of Rs. 2.28 lakhs for the quarter and Rs. 27.98 lakhs for nine months, with zero revenue. Consolidated performance reflected wider losses of Rs. 617.92 lakhs for the quarter and Rs. 1,523.14 lakhs for nine months, including subsidiaries Kumite 1 League Private Limited and Pacific Star Sports Services L.L.C. Auditors A S G R & Co. issued qualified opinions citing non-provision for impairment of financial assets under Ind AS 109, lack of impairment analysis on loans and advances per Ind AS 36, non-compliance with Section 45-IA and RBI regulations, pending SEBI investigations, unassessed economic benefits from merchandising agreements, and unpaid statutory liabilities. The board appointed Nidhi Bajaj & Associates as Practicing Company Secretary effective April 23, 2026, subject to shareholder approval.
