Intec Capital Limited’s Board of Directors has approved the company’s unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The results, reviewed by auditors, detail key financial performance indicators including revenue, expenses, and net profit/loss. The company’s going concern status has been noted with material uncertainty, alongside an emphasis on a prior one-time settlement (OTS).
Intec Capital Approves Q1 FY27 Financial Results
The Board of Directors of Intec Capital Limited has officially approved the company’s unaudited standalone and consolidated financial results for the quarter that concluded on June 30, 2026. The meeting, held on August 11, 2026, saw the board review and adopt these crucial financial statements.
Key Financial Highlights for Q1 FY27
The presented unaudited financial results include statements for both the standalone operations of Intec Capital Limited and the consolidated performance of the Group, which comprises the Parent Company and its wholly-owned subsidiary, Amulet Technologies Limited. These results have undergone a review process and have been prepared in accordance with applicable Indian Accounting Standards.
Auditor’s Review and Going Concern
The independent auditor’s review reports for both standalone and consolidated results indicate that nothing has come to their attention to suggest material misstatements. However, both reports highlight a material uncertainty related to going concern. This uncertainty stems from factors such as accumulated losses, non-operational lending activities, and a substantial reduction in customer recoveries, leading to a significant erosion of net worth. Despite these conditions, management has prepared the results on a going concern basis, citing continued promoter support and the ability to generate future resources.
Emphasis on Previous One-Time Settlement (OTS)
Attention has also been drawn to Note 5 of the financial results, which pertains to a One Time Settlement (OTS) with lender banks completed in the previous year (quarter ended June 2025). The company had fully repaid the OTS amounts and received No Dues Certificates, resulting in a net loss of Rs. 124.38 lakhs, which was treated as an exceptional item in the financial results for the quarter ended June 30, 2025, and the year ended March 31, 2026.
Other Disclosures
The results also include other disclosures, such as the appointment of a scrutinizer for the upcoming 32nd Annual General Meeting and the re-constitution of the Corporate Social Responsibility Committee. The Board Meeting commenced at 04:06 PM IST and concluded at 05:00 PM IST on August 11, 2026.
Availability of Information
The company has also made this information available on its official website, www.inteccapital.com, for broader dissemination.
Source: BSE
