Twamev Construction Profit Dhadaam se Gira **59%**, Auditor ne Bajaye Danger Bells!

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AuthorKavya Nair|Published at:
Twamev Construction Profit Dhadaam se Gira **59%**, Auditor ne Bajaye Danger Bells!
Overview

Arre yaar, Twamev Construction ke Q3 FY26 results aaye hain aur situation thodi risky lag rahi hai. Ek taraf revenue **38%** badh gaya, par profit seedha **59%** gir gaya! Aur toh aur, company ke auditor ne subsidiaries ko lekar kuch serious warnings di hain.

Okay, toh Twamev Construction and Infrastructure Limited ne Q3 FY26 ke liye apne results release kiye hain. Sabse pehle numbers dekhte hain - operational revenue mein 38.22% ka achha jump aaya hai, jo ab ₹2,083 Lakhs ho gaya hai Q3 FY25 ke ₹1,507 Lakhs ke muqable mein. Lekin bhai, yahaan par hi picture bigad jaati hai. Standalone Net Profit 59.02% toot kar ₹75 Lakhs par aa gaya, jo pehle ₹183 Lakhs tha. Consolidated Net Profit toh aur bhi kam, 60.23% gir kar ₹70 Lakhs ho gaya! Matlab revenue badha, par profit ki aag bujh gayi.

Ab sabse badi chinta ki baat hai auditor, J Jain & Company ki report. Unhone company ki subsidiaries, khaas kar Tantia Infrastructure (P) Ltd (TIPL) aur Tantia Raxaultollway Private Limited (TRPL) ko lekar kai serious issues uthaye hain.

TIPL ke case mein, ek NBFC ko diye gaye loan par auditor ko doubt hai ki losses kam dikhaye gaye hain aur assets zyada. Lekin TRPL ka matter toh aur bhi grave hai. Inka project NHAI ne terminate kar diya hai aur abhi ek bada arbitration claim chal raha hai ₹98,618 Lakhs ka. Plus, holding company se bhi ₹38,510 Lakhs ka claim hai. Sabse khatarnak, TRPL ki banking facilities ab NPA ho gayi hain aur April 2018 se koi interest bhi provision nahi kiya gaya hai. NHAI ne project assets bhi ab apne kabze mein le liye hain, toh TRPL apne liabilities kaise poore karegi, ye bada sawaal hai.

Iske alawa, auditor ne kuch aur points bhi highlight kiye hain jaise ki NPA accounts ko upgrade karne par plan depend karta hai, Gratuity aur Leave Encashment provisions nahi add kiye gaye hain jisse profit kam dikh raha hai, ₹834 Lakhs ka unbilled revenue hai quarterly basis par aur ₹1,352 Lakhs total balance mein, trade receivables mein arbitration awards ka intezar hai, provision write-back se other income badhi, aur un-accounted rental income se consolidated profit kam dikhaya gaya hai.

Company management ne koi specific outlook ya guidance nahi diya hai. Par auditor ki report mein jo yeh sab gaadhe problems hain - NPA, bade arbitration claims, assets/profits ko lekar doubt, aur chhupi hui income - ye sab milkar company ke future par bahut bada sawaaliya nishaan laga rahe hain aur paise wapas karne ki ability par bhi.

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