Approval of Unaudited Standalone Financial Results for the Quarter and Half year ended 30th September 2025
Awaiting price reaction for this filing.
Tacent Projects Ltd (formerly Rahul Merchandising Limited) reported nil revenue from operations for Q2 FY26 and H1 FY26, compared with ₹2.75 lakhs in Q2 FY25 and ₹335.44 lakhs for the full FY25. The company posted a loss before tax of ₹1.24 lakhs for the quarter and ₹4.07 lakhs for the half year, resulting in an EPS of ₹(0.04) and ₹(0.12) respectively. The balance sheet shows negative other equity of ₹(379.44) lakhs against a share capital of ₹351.23 lakhs, leaving effective shareholders' funds deeply in the red. Cash and cash equivalents stood at just ₹0.95 lakhs, with negative operating cash flow of ₹1.34 lakhs. The statutory auditor issued an unmodified (clean) limited review opinion.
The company is essentially a dormant, loss-making shell with completely eroded net worth and almost no operating business, raising serious going-concern concerns. Shareholders should treat this stock as a high-risk micro-cap with limited visibility on future business revival.