Pursuant to the provisions of Regulation 30 (2) and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform your good office that the Board ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited standalone financial results for FY25. The company had no revenue from operations for the full year (FY24 also had nil operating revenue). Total income was just Rs 11.84 lakhs (FY24: Rs 1.58 lakhs), mostly from 'other income' rather than core business. Net loss widened sharply to Rs 16.76 lakhs from Rs 9.18 lakhs in FY24, with Q4 alone posting a Rs 4.61 lakh loss versus a Rs 7.87 lakh profit in Q4 FY24. EPS stood at Rs (0.17). The balance sheet shows deeply negative shareholders' equity of Rs (685.93) lakhs, with borrowings of Rs 697.90 lakhs, and operating cash flow turned negative at Rs (17.37) lakhs (FY24: positive Rs 8.74 lakhs). The statutory auditor (M/s Rak Champs & Co LLP) issued an unmodified opinion on the results.
This is a financially distressed micro-cap with essentially no operating business, widening losses, negative net worth exceeding Rs 6.8 crore, and a debt pile larger than total assets. Shareholders face serious going-concern risk and should treat this stock as high-risk; the audited results do not change the bleak fundamental picture.