Geetanjali Credit Ka Audit Report: Sab Kuch 'Doubtful'! ₹256 Cr Loans Aur ₹529 Cr Tax Demand Par Auditor Ka Wada Pav!

BANKINGFINANCE
Whalesbook Logo
AuthorIshaan Verma|Published at:
Geetanjali Credit Ka Audit Report: Sab Kuch 'Doubtful'! ₹256 Cr Loans Aur ₹529 Cr Tax Demand Par Auditor Ka Wada Pav!
Overview

Oye, Geetanjali Credit ka number aaya hai aur scene bigda hua hai! Company ne is quarter mein **₹Nil** revenue banaya aur **₹1.59 Lakhs** ka loss dikhaya. Lekin asal drama toh auditor report mein hai, jahan woh **₹256.27 Lakhs** ke loans aur **₹529.75 Lakhs** ki tax demand verify nahi kar paaye!

Kya Chal Raha Hai Geetanjali Credit Mein?

Yaar, Geetanjali Credit and Capital Limited ne apna latest financial result nikala hai, aur iske saath auditor S K Bhavsar & Co. ki report ne toh pakka tension badha diya hai. Company ka Q3FY26 ka result dekhte hain pehle.

Numbers Ki Baat:
Is quarter mein company ka Revenue from Operations ₹Nil raha, aur Total Expenses ₹1.59 Lakhs ho gaye. Is wajah se Net Loss ₹1.59 Lakhs ka hua. P Pichle saal ke same quarter se comparison karein toh loss thoda kam hua hai. Par abhi bhi koi revenue nahi hai!

Aur agar nine months ki baat karein toh Net Loss ₹4.31 Lakhs pe pahunch gaya hai, jo pichle saal se zyada hai.

Auditor Ne Kaha 'Rok Do!'

Asli masla auditor ki report mein hai. Woh kuch badi cheezon ko verify hi nahi kar paaye hain:

  • Loans Aur Advances: Company ke paas ₹256.27 Lakhs ke loans aur advances hain, jinhe auditor confirm nahi kar paaye. Pata nahi yeh paisa wapas aayega bhi ya nahi. Aur toh aur, management ne ispe koi interest bhi record nahi kiya hai aur RBI ke NPA rules ko bhi follow nahi kar rahe!
  • Income Tax Ki Demand: Income Tax department ne ₹529.75 Lakhs ki demand nikali hai, par company uske liye koi sahi document nahi dikha pa rahi. Auditor bhi isko verify nahi kar paaye hain.
  • Investments Ka Kya? Company ke jitne bhi investments hain, unki asliyat aur value sirf management ki baaton par depend kar rahi hai. Auditor khud isko check nahi kar paaye.

Aur toh aur, company mein Company Secretary bhi nahi hai as on the report date! Matlab governance mein bhi badi kami dikh rahi hai. Is sab ke chalte, company ke future par bade sawaal hain aur koi positive outlook nahi di gayi hai.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.