With reference to the above, we wish to inform the exchanges that the Board of Directors of the company at their meeting held today i.e. 12th August, 2025 commenced at 6:00 PM and concluded ....
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Awaiting price reaction for this filing.
The Board of Directors of Alexander Stamps and Coin Limited approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025) on August 12, 2025. Revenue from Operations came in at Rs. 7.20 lakhs, down from Rs. 9.89 lakhs in the same quarter last year — a decline of about 27%. The company reported a marginal profit of Rs. 0.08 lakhs for the quarter versus Rs. 0.44 lakhs in Q1 FY25. Full-year FY25 had ended in a loss of Rs. 3.82 lakhs. The statutory auditor issued a Disclaimer of Conclusion, flagging serious concerns: missing documents for non-current investments worth Rs. 113.67 lakhs, an unprovided Income Tax demand of Rs. 344.56 lakhs for AY 2017-18 (no appeal filed), and inventory valued using a May 2023 valuation report which the auditor could not verify.
The revenue decline, razor-thin margins, and the auditor's disclaimer raise red flags for shareholders. The Rs. 344.56 lakh unprovided tax demand is a major contingent liability that could materially impact future earnings. Investors should treat this filing with caution given the audit qualifications and lack of transparency on key balance sheet items.