Mishtann Foods reports mixed Q3 results amid audit concerns
Mishtann Foods Limited (BSE: MISHTANN) announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Standalone revenue from operations reached ₹7,202.11 lakhs, yielding a net profit of ₹154.50 lakhs for the quarter. Consolidated revenue stood at ₹32,268.98 lakhs with a net profit of ₹7,295.35 lakhs. However, the auditor's report highlights significant concerns, including an ongoing SEBI investigation related to potential fictitious transactions and circular flow of funds. The company also has not yet adopted accounting software with required audit trail capabilities and has not utilized its CSR funds. The financial results are subject to unresolved SEBI queries and matters under adjudication.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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