5328872026-01-012026-03-315328872026-03-315328872025-03-315328872025-04-012026-03-315328872026-01-012026-03-31in-capmkt:OtherExpenses1Member5328872025-04-012026-03-31in-capmkt:OtherExpenses1Member5328872026-03-31OtherNoncurrentFinancialAssetsDomain15328872026-03-31OtherCurrentFinancialAssetsDomain15328872026-03-31OtherNoncurrentFinancialLiabilitiesDomain15328872026-03-31OtherNoncurrentLiabilitiesDomain15328872026-03-31OtherCurrentFinancialLiabilitiesDomain15328872026-03-31OtherCurrentLiabilitiesDomain15328872026-01-012026-03-31RelatedPartyTransactionDomain15328872025-12-31RelatedPartyTransactionDomain15328872026-03-31RelatedPartyTransactionDomain15328872026-01-012026-03-31RelatedPartyTransactionDomain25328872025-12-31RelatedPartyTransactionDomain25328872026-03-31RelatedPartyTransactionDomain25328872026-01-012026-03-31RelatedPartyTransactionDomain35328872025-12-31RelatedPartyTransactionDomain35328872026-03-31RelatedPartyTransactionDomain35328872026-01-012026-03-31RelatedPartyTransactionDomain45328872025-12-31RelatedPartyTransactionDomain45328872026-03-31RelatedPartyTransactionDomain45328872026-01-012026-03-31RelatedPartyTransactionDomain55328872025-12-31RelatedPartyTransactionDomain55328872026-03-31RelatedPartyTransactionDomain55328872026-01-012026-03-31RelatedPartyTransactionDomain65328872025-12-31RelatedPartyTransactionDomain65328872026-03-31RelatedPartyTransactionDomain65328872026-01-012026-03-31RelatedPartyTransactionDomain75328872025-12-31RelatedPartyTransactionDomain75328872026-03-31RelatedPartyTransactionDomain75328872026-01-012026-03-31RelatedPartyTransactionDomain85328872025-12-31RelatedPartyTransactionDomain85328872026-03-31RelatedPartyTransactionDomain85328872026-01-012026-03-31RelatedPartyTransactionDomain95328872025-12-31RelatedPartyTransactionDomain95328872026-03-31RelatedPartyTransactionDomain95328872026-01-012026-03-31AuditorDomain15328872026-01-012026-03-31in-capmkt:AuditedMember5328872026-03-31in-capmkt:AuditedMember5328872026-01-012026-03-31in-capmkt:AdjustedMember5328872026-03-31in-capmkt:AdjustedMember5328872026-01-012026-03-31AuditQualification15328872026-01-012026-03-31AuditQualification25328872026-01-012026-03-31AuditQualification3iso4217:INRxbrli:pureiso4217:INRxbrli:shares532887NEUEONNOTLISTEDINE333I01044Main BoardMain BoardEquity2025-04-012026-03-312026-05-012026-04-27INRLakhsQuarterlyFourth quarterSingle segmentManufacturing2026-05-0114:00:002026-05-0116:30:00trueCash Flow IndirectStatement on impact of audit qualificationtruetrueNANAfalsetrue2024-12-02www.neueon.infalsefalseNo outstanding loans and debt securities as on date2026-01-012026-03-31AuditedStandalone5919900066900059868000540800012607000930001692000300004701100066814000-6946000-129879000-1368250000000-1368250000000-1368250000-1368250005654460001-2.42-2.4200-2.42-2.421 The Company adopted Indian Accounting Standards (Ind AS) from April 1, 2015, and accordingly the above financial results have been prepared in accordance with the recognition and measurement principles laid down in the "Ind AS 34 Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued there under and other accounting principles generally accepted in India. This has not resulted in any differences in Statement of Profit & Loss as per previous GAAP for the Year ended 31st March, 2026. ' 2 The Company is principally engaged in single business segment and operates in one geographical segment as per on"Segment Reporting'. Accordingle,the company has made no segment reporting ' 3 The company was undergone resolution process till 23rd Oct 2024 and financial was prepared on going concern basis. The Hon'ble NCLT has approved the Resolution Plan submitted by a consortium led by PRECA Solutions India Private Limited (hereinafter referred to as "Resolution Applicant") vide its Order vide IA (IBC) (Plan) 17/2024 in CP(IB) No.679/7/HDB/2018 dated 23rd Oct, 2024 ("Approval Order"). The Resolution Applicant has then formed an SPV namely "PRECA Structures Private Limited" for implementation of the approved resolution plan. The resolution plan is thus binding on all stakeholders. The new Board of Directors has been reconstituted to manage affairs of the company 06th Nov 2024. ' 4 The Company has three Indian wholly owned Subsidairies i.e Neueon Enterprises Limited, Neueon Power Limited and Neueon Global Limited , one Foreign subsidiary of Digitech Business Systems Limited. ' 5 The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 01st May,2026. The statutory auditors have carried out a limited review of these financial results. ' 6 Figures of the previous quarters/period have been regrouped and reclassified wherever necessary. ' 7 The above results will be placed on Website www.neueon.in2025-04-012026-03-31AuditedStandalone157220000141900015863900054080001048870009300070830007100060180100064109000783452000-624813000-709877000-13346900000000-13346900000000-13346900000-133469000056544600011644326000-23.6-23.600-23.6-23.6Other Expenses47011000Other Expenses641090008037020000000000300000000300000080400200000168663000013111000001563090001856050000185605000026600520005654460001644326000220977200022097720000000000004197620000403000403000198410004400060001027400004502800004502800002660052000Other non-current financial assets0Other current financial assets156309000Other non-current financial liabilities0Other non-current financial liabilities0Other current financial liabilities19841000Other current liabilities102740007100049699000-37076000070987700016930000000-148493000000601801000000-2473000000068900000000-3258700001134803000-19988700000000-199887000000000000030000000000000005887764000000000689000005888753000000-55890550000000-1111620000007100000-5700288000-114220000-114220002453400013112000NEUEON ENTERPRISES LIMITED******NEUEON CORPORATION LIMITED******Wholly Owned SubsidiaryLoan5000000In ordinary course of buisness and in arms length basis500000005000000Loan0.112 MonthsUnsecuredGeneral Business PurposesNEUEON POWER LIMITED******NEUEON CORPORATION LIMITED******Wholly Owned SubsidiaryLoan50000000In ordinary course of buisness and in arms length basis50000000050000000Loan0.0812 MonthsUnsecuredGeneral Business PurposesNEUEON ENTERPRISES LIMITED******NEUEON CORPORATION LIMITED******Wholly Owned SubsidiaryAny other transactionAmount paid for initial subscription of the Equity Shares of the Company100000In ordinary course of buisness and in arms length basis10000000NEUEON POWER LIMITED******NEUEON CORPORATION LIMITED******Wholly Owned SubsidiaryAny other transactionAmount paid for initial subscription of the Equity Shares of the Company100000In ordinary course of buisness and in arms length basis10000000NEUEON GLOBAL LIMITED******NEUEON CORPORATION LIMITED******Wholly Owned SubsidiaryAny other transactionAmount paid for initial subscription of the Equity Shares of the Company100000In ordinary course of buisness and in arms length basis10000000NEUEON CONSOL PRIVATE LIMITED******NEUEON CORPORATION LIMITED******Holding CompanyAny other transactionUnsecured Loan from the Holding Company as per the approved resolution plan419762000In ordinary course of buisness and in arms length basis4197620000419762000SUDHEER RAYACHOTI******NEUEON CORPORATION LIMITED******Managing Director(KMP)RemunerationIn ordinary course of buisness and in arms length basis336700000V. NAVEEN BABU******NEUEON CORPORATION LIMITED******CHIEF FINANCIAL OFFICER (KMP)RemunerationIn ordinary course of buisness and in arms length basis78200000SUBRAT SAHOO******NEUEON CORPORATION LIMITED******COMPANY SECRETARY (KMP)RemunerationIn ordinary course of buisness and in arms length basis160400000480815000AuditedQualified opinionM/s. ASKM & Cotrue2027-03-3115863900015863900014933290001493329000-1334690000-1334690000-23.6-23.62660052000266005200045028000045028000022097720002209772000A. Non-conduct of Impairment Testing [Ind AS 36 - Impairment of Assets] <br /> <br /> As required under Ind AS 36, the Company has not performed impairment testing of Property, Plant and Equipment (PPE), investments, and other financial assets despite the presence of impairment indicators such as: <br /> <br /> The Company has recognized impairment loss in respect of fixed assets amounting to Rs.58,748.44 lakhs However, the impairment assessment has not been supported by adequate documentation and appropriate determination of recoverable amount as required under Ind AS 36 Impairment of Assets. <br /> <br /> In the absence of sufficient and appropriate audit evidence regarding the assumptions used in estimating future cash flows and discount rates, we are unable to determine whether any adjustment is necessary to the carrying value of such assets. Accordingly, our opinion is qualified in respect of this matter. <br /> <br /> In the absence of an impairment assessment or external valuation, we are unable to determine the potential adjustments, if any, required to the carrying value of these assets.Qualified opinionWhether appeared first timeNot QuantifiedAfter the take over of the company through CIRP, an independent valuation of Land, Building, and Plant & Machinery was carried out by a qualified valuer dated 11.07.2025 by the new management. Based on the said valuation, the impairment loss of Rs. 58,748.44 lakhs has been recognized in the financial statements. The management believes that the valuation report provides a reasonable basis for determining the recoverable amount of the assets. Further, the Company is in the process of strengthening the supporting documentation and assumptions in line with the requirements of Ind AS 36.After the take over of the company through CIRP, an independent valuation of Land, Building, and Plant & Machinery was carried out by a qualified valuer dated 11.07.2025 by the new management. Based on the said valuation, the impairment loss of Rs. 58,748.44 lakhs has been recognized in the financial statements. The management believes that the valuation report provides a reasonable basis for determining the recoverable amount of the assets. Further, the Company is in the process of strengthening the supporting documentation and assumptions in line with the requirements of Ind AS 36.Refer to Basis for Qualified Opinion in the Auditor's Report.B. Implementation of status of the Resolution plan <br /> <br /> The Company was admitted into Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016 ("IBC"), by an order dated November 21, 2018, of the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench. The Resolution Plan submitted by a consortium led by M/s Preca Solutions India Private Limited was approved by the Hon'ble NCLT on October 23, 2024. A new Board was reconstituted on November 6, 2024. <br /> <br /> The Company under the Insolvency and Bankruptcy Code, 2016 has been approved by the Hon'ble NCLT, Hyderabad Bench on October 23, 2024. As per the terms of the approved Plan, the Company has commenced settlement of its obligations and has discharged with last trench payment being made on 28.08.2025. <br /> <br /> We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Act. We are independent of the Company in accordance with the Code of Ethics issued by ICAI, and we have fulfilled our other ethical responsibilities in accordance with these requirements.Qualified opinionWhether appeared first timeNot quantifiedPursuant to the CIRP and change in management, the investment in the subsidiary amounting to Rs. 13,993.47 lakhs continues to be carried at cost. The subsidiary has not undertaken any business operations for the past several years and audited financial statements have not been received for several years. <br /> <br /> Considering the uncertainty in recoverability, the new management is in the process of disinvestment of the said investment and has accordingly created a provision in the financial statements.Pursuant to the CIRP and change in management, the investment in the subsidiary amounting to Rs. 13,993.47 lakhs continues to be carried at cost. The subsidiary has not undertaken any business operations for the past several years and audited financial statements have not been received for several years. <br /> <br /> Considering the uncertainty in recoverability, the new management is in the process of disinvestment of the said investment and has accordingly created a provision in the financial statements.Refer to Basis for Qualified Opinion in the Auditor's Report.The Company has not established a formal system for periodic impairment testing of assets, particularly in relation to Property, Plant and Equipment, and other financial assets as required under Ind AS 36. This indicates a material weakness in internal controls over assessment of impairment of assets.Qualified opinionWhether appeared first timeNot quantifiedThe company is establishing a robust internal control framework and periodic review cycles now that the new Board and New Management are operational.The company is establishing a robust internal control framework and periodic review cycles now that the new Board and New Management are operational.Refer to Basis for Qualified Opinion in the Auditor's Report.Sudheer RayachotiV. Naveen BabuPurusothama Reddy MarrikuntaM/s. ASKM & Co.Hyderabad2026-05-01