Outcome of Board Meeting held inter-alia, to approve the Unaudited Financial Results of the Company for the quarter ended 30th June, 2025.
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The Board of Asutosh Enterprises approved its unaudited financial results for Q1 FY26 (quarter ended 30 June 2025), with a clean limited review report from statutory auditors S. Ghose & Co. LLP. The company reported zero revenue from operations and zero other income for the quarter, indicating no active business activity. Total expenses stood at Rs. 4.43 lakhs, mainly employee costs (Rs. 0.45 lakh) and other expenses (Rs. 3.98 lakhs). The company posted a net loss of Rs. 4.43 lakhs, which is an improvement from the Rs. 6.57 lakh loss in the same quarter last year. Loss per share narrowed to Rs. (0.20) from Rs. (0.29) in Q1 FY25. For reference, the full FY25 results showed a profit of Rs. 312.59 lakhs driven entirely by Rs. 391.74 lakhs in other (non-operating) income.
The company continues to report losses with no operating revenue, which is a concern for shareholders about its core business viability, though the auditor raised no going-concern flag. The narrowing loss is marginally positive, but the lack of any operating income means the stock remains a speculative bet pending revival of business activity.