1. Approval of the unaudited standalone and consolidated financial statements for the first quarter ended 30.06.2025. 2. Taken note of internal audit report of the Company. 3. Taken note ....
Awaiting price reaction for this filing.
The board, at its meeting on 08.08.2025, approved the unaudited standalone and consolidated financial results for the quarter ended 30.06.2025. Standalone total income fell sharply to Rs 5.85 lakhs from Rs 24.54 lakhs in the same quarter last year, a drop of about 76%. The company reported a standalone loss before tax of Rs 10.20 lakhs, wider than the Rs 6.31 lakh loss in Q1FY25, with loss per share at Rs (0.67). On a consolidated basis (including associate Nicosa Consulting), the loss narrowed significantly to Rs 2.63 lakhs versus Rs 38.84 lakhs a year ago, helped by a Rs 7.50 lakh share of profit from the associate. Statutory and secretarial audit reports for FY25 were also noted, the AGM is scheduled for 30.09.2025, and a director retiring by rotation will be re-appointed.
Sharp revenue shrinkage and continued losses are negative signals for shareholders, but the consolidated loss has narrowed meaningfully due to associate contribution. Expect muted stock reaction; investors should watch for signs of revenue recovery and whether losses persist at the standalone level.