Unaudited Financial Result of the Company for the Quarter ended as on 30.06.2025
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The company reported its Q1 FY26 standalone unaudited results for the quarter ended 30 June 2025. Revenue from operations came in at zero, compared with Rs 41.03 lakh in the corresponding quarter last year (Q1 FY25) and Rs 997.68 lakh in the preceding quarter (Q4 FY25). Total expenses were minimal at Rs 0.63 lakh, leading to a loss before tax of Rs 1.58 lakh. This is a sharp improvement from the Rs 154.83 lakh loss in Q1 FY25 but reflects essentially no business activity during the quarter. The auditor (S K Bhavsar & Co.) issued an unmodified limited review conclusion but flagged an Emphasis of Matter noting that Trade Receivables, Trade Payables, loans/advances and investments are pending external verification and confirmation.
Revenue has collapsed to zero, signalling the company had no operating business during the quarter — a red flag for shareholders. However, the auditor did not qualify their opinion, and the loss narrowed sharply from the year-ago quarter. The emphasis-of-matter on unverified balances is a governance concern that investors should watch closely.