SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NFRA finds serious lapses in statutory audit of IL&FS Transportation Networks

24 Sep 2021 Evaluate

The National Financial Reporting Authority (NFRA) has found serious lapses in the statutory audit of IL&FS Transportation Networks (ITNL) for the 2017-18 fiscal, including that the company's losses were understated by at least Rs 2,021 crore. The statutory audit was conducted by SRBC & Co LLP, Chartered Accountants.

IL&FS Transportation Networks is an India-based surface transportation infrastructure company.

IL&FS Trans &Network Share Price

2.32 0.11 (4.98%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3953.90
Rail Vikas Nigam 272.00
NCC 151.85
KEC International 563.95
Kalpataru Projects 1171.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×