Attached please find herewith Unaudited Financial Results for the quarter ended 30.06.2025 also attached herewith Limited Review Report for the Quarter ended 30.06.2025
Awaiting price reaction for this filing.
Uniworth International reported a standalone loss of Rs 38.81 lakhs for Q1 FY26 (quarter ended June 30, 2025), essentially flat compared to a Rs 38.94 lakh loss in Q1 FY25. The company posted zero revenue from operations and zero other income, with total expenses of Rs 38.81 lakhs driven almost entirely by finance costs of Rs 38.25 lakhs. On a consolidated basis, the loss widened slightly to Rs 40.42 lakhs. EPS stood at Rs (0.26) for the quarter. The results carry serious red flags: the company itself states 'there is no business activity since long', it has not provisioned for over Rs 3,010 lakhs of old trade receivables and other financial assets, interest on borrowings from PNB, IndusInd Bank and HSBC remains unprovided, deferred tax assets have not been recognised due to consistent losses, and the company has sought RBI extensions on overdue bills.
This is effectively a dormant, non-operating company burning cash on legacy interest costs with no visible path to revenue recovery. Shareholders face continued value erosion with no business activity, unresolved bank borrowings, and a Rs 1,490 lakh equity base supporting only debt servicing — a clear going-concern risk that could weigh on stock sentiment.