Un-Audited Financial Results along with Limited Review Report for Quarter and Half Year ended September 30, 2025.
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Adhbhut Infrastructure reported standalone revenue of Rs. 15.35 lakhs for Q2 FY26 and Rs. 30.68 lakhs for H1 FY26, down sharply from Rs. 23.10 lakhs and Rs. 61.95 lakhs in the corresponding prior periods, marking roughly a 50% YoY revenue decline for the half year. Net loss widened to Rs. 28.79 lakhs in Q2 FY26 and Rs. 62.15 lakhs for H1 FY26 (vs. Rs. 21.63 lakhs and Rs. 31.93 lakhs a year ago), with EPS at Rs. (0.26) and Rs. (0.56) respectively. The company's net worth is fully eroded at negative Rs. 739.39 lakhs with accumulated losses of Rs. 2,392.35 lakhs. The auditor (M/s Chatterjee & Chatterjee) issued a clean limited review but flagged a material going concern uncertainty and an emphasis of matter regarding a provisional attachment of company properties by the Enforcement Directorate under the PMLA. The Board also appointed Mr. Ajay Kumar Thakur as an Additional Non-Executive Director and reconstituted its committees.
The combination of a 50% revenue slump, widening losses, fully eroded net worth, and the auditor's going concern flag points to serious financial distress; shareholders should expect negative sentiment and elevated risk, compounded by an ongoing Enforcement Directorate attachment order on company immovable properties and promoter shares under PMLA.