As per PDF Attached.
Awaiting price reaction for this filing.
Sankhya Infotech's board, meeting on January 30, 2026, approved a long backlog of financial results covering Q1 FY2022-23 through FY2024-25 in a single filing, after years of delays caused by the company's Corporate Insolvency Resolution Process (CIRP) and the death of the previous auditor's signing partner. The company has reported zero revenue from operations across all periods, with only negligible 'other income' of about ₹20. Losses after tax stood at ₹524 lakhs for FY2022-23, ₹1,390.28 lakhs for FY2021-22, and ₹750.63 lakhs for FY2020-21, driven mainly by depreciation (~₹150 lakhs/quarter) and finance costs. The NCLT-approved Resolution Plan led to a major capital restructuring: promoter holdings were wiped out, public shareholders were diluted 95% (1 share for every 20 held), Gwebitsol Private Limited was merged in, and equity capital rose from ₹1,459.71 lakhs to ₹4,858.17 lakhs. Operating cash flow for H1 FY2023 was deeply negative at ₹(2,774.37) lakhs. New statutory auditor N G Rao & Associates was appointed on October 31, 2025 and issued an unmodified opinion, but flagged the Resolution Plan as an Emphasis of Matter.
Shareholders should note that public investors were effectively wiped out 95% under the resolution plan, massively diluting existing holdings. With zero revenue, continuous losses, and deeply negative operating cash flow, the company remains a distressed turnaround play whose future depends entirely on the new management's ability to revive operations under the merged Gwebitsol business.