StocksMedium•4 November 2026•
1 min read
Sadbhav Engineering Reports Q2 Loss and Resignation of Statutory Auditor
Key Facts
1Sadbhav Engineering reported a standalone net loss of ₹8.60 lakh for the quarter ended September 30, 2026.
2Statutory auditor Manubhai & Shah LLP resigned effective November 4, 2026, citing a significant reduction in operational activities.
Sadbhav Engineering reported a standalone net loss of ₹8.60 lakh for the quarter ended September 30, 2026. According to scanx.trade, standalone revenue from operations declined to ₹36.93 lakh during the period, down from ₹41.48 lakh in the corresponding quarter of the previous year.
Statutory auditor Manubhai & Shah LLP resigned effective November 4, 2026, citing a significant reduction in the company's operational activities. Sadbhav Engineering faces ongoing financial distress, including delays in debt servicing with ₹213.28 crore in unpaid non-convertible debentures as of September 30, 2026.