Announced Wed, 20 May · 16:01 IST

outcome of board meeting of the audited financial results for the quarter &year ended 31st March 2026.

Pat NegativeGoing ConcernResults View source PDF

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AI summary

Tridev Infraestates Limited (formerly Ashutosh Paper Mills Ltd) reported audited financial results for FY26. Total income was Rs. 27.31 lakh with total expenses of Rs. 28.37 lakh, resulting in a profit after tax of Rs. 0.34 lakh for the full year. The company posted negative earnings per share of Rs. (0.0337) due to high operating expenses. Cash flow from operations was positive at Rs. 0.91 lakh. The balance sheet shows negative reserves of Rs. 323.50 lakh against equity share capital of Rs. 652.54 lakh. The statutory auditor GAMS & Associates LLP issued a clean/unqualified opinion on the financial statements.

Likely market impact

The company barely broke even with minimal profit despite substantial revenue, indicating weak operational efficiency. The significant negative reserves suggest accumulated losses that may raise going concern questions for investors.