Unaudited Results for the quarter ended 30-06-2025
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Amalgamated Electricity Company reported a loss of ₹5.35 lakhs for Q1 FY26 (quarter ended June 30, 2025), slightly wider than the ₹5.26 lakh loss in the same quarter last year and similar to the ₹5.33 lakh loss in Q4 FY25. The company had zero revenue from operations and zero other income this quarter, with the loss driven entirely by ₹5.35 lakhs in other expenses. Paid-up equity capital stands at ₹138.83 lakhs and reserves are deeply negative (other equity of ₹(178.11) lakhs as of March 2025). The auditor issued an unqualified review report with no qualifications or concerns raised. Separately, the 90th AGM is scheduled for September 30, 2025, Mr. V.M. Satyan will cease as Independent Director after completing his second term, and Mr. Gaurav Sakpal has been appointed as the new Company Secretary replacing the outgoing Mr. Shreekant Kudtarkar.
The company continues to be effectively dormant with no operating revenue and persistent losses, though the loss quantum is small. Negative reserves indicate accumulated historical losses far exceeding share capital. For shareholders, this is a low-activity stock with no fundamental earnings driver; the board and governance changes are routine and unlikely to materially affect the stock price.