The Board of Directors of Athena Constructions Limited (''the Company") at its meeting held today i.e. November, 14, 2025 has considered and approved the Unaudited Financial Result for ....
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Athena Constructions' Board, at its November 14, 2025 meeting, approved unaudited financial results for the half year ended September 30, 2025. The company reported NIL revenue from operations and zero other operating revenue, down from Rs. 0.47 lakh in H1 FY25 and Rs. 75.35 lakh for full-year FY25. Total expenditure rose to Rs. 20.86 lakh from Rs. 16.51 lakh, driven mainly by higher other expenses. The company posted a net loss of Rs. 36.47 lakh in H1 FY26, wider than the Rs. 34.44 lakh loss in H1 FY25. Finance costs stood at Rs. 15.62 lakh. Cumulative reserves remained deeply negative at Rs. (133.95) lakh against share capital of Rs. 750 lakh. The statutory auditor, JMT & Associates, issued a clean limited review report with no qualifications, adverse remarks, or emphasis of matter.
This is a serious red flag for shareholders — the company has zero revenue, persistent and widening losses, and negative reserves, indicating deep operational and financial stress. The stock is likely illiquid and high-risk; investors should tread with extreme caution pending clarity on revival plans or business activity.