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Reply to Clarification- Financial results

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Excel Realty N Infra LimitedEXCEL · Filed with the exchange

The audit report highlighted an 'Emphasis of Matter' regarding Expected Credit Loss (ECL). While the company provisioned ₹0.26 Cr for ECL, auditors flagged recoverability concerns for other long-outstanding advances, suggesting more provisions might be needed.

This could impact future financial results.

Read the original filing(PDF)

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