The board of directors has approved the standalone and consolidated results for the quarter ended 30.06.2025. The results along with limited review reports are attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Anka India reported nil revenue from operations on a standalone basis for Q1 FY26, with only Rs. 11.16 lakh of other income, down from Rs. 14.21 lakh a year ago. Standalone expenses jumped sharply to Rs. 31.34 lakh (from Rs. 5.88 lakh), pushing the company to a loss of Rs. 20.18 lakh versus a profit of Rs. 8.33 lakh in Q1 FY25. On a consolidated basis, revenue from operations surged to Rs. 589.05 lakh (from Rs. 28.38 lakh) and the company reported a marginal loss of Rs. 0.92 lakh, but this is largely because it recently acquired 100% of Futech Internet Pvt Ltd through a share-swap reverse merger, so numbers are not comparable. The auditor gave a qualified review, flagging Rs. 7 crore of intangible assets under development stuck for over two years without impairment testing, Rs. 22.5 lakh of idle inventory with no valuation check, and Rs. 35.38 lakh of MAT credit recognized as an asset despite a history of losses.
Standalone business has effectively no operations and is loss-making, while the consolidated picture is reshaped by the Futech reverse merger, so year-on-year comparisons are unreliable. The auditor's qualifications — especially around Rs. 7 crore of stalled intangible assets and unassessed impairments — are red flags that could lead to future write-offs and pressure the stock.