Audited Financial Results along with Auditors Report for the year ended March 31, 2026
Awaiting price reaction for this filing.
June Industries Limited (formerly Kashyap Tele-Medicines Limited) reported a net loss of Rs. 46.06 Lakhs for FY2026, a dramatic deterioration from a near-zero loss of Rs. 0.03 Lakhs in FY2025. Revenue grew marginally from Rs. 19.20 Lakhs to Rs. 19.70 Lakhs (about 2.6%). The company saw a massive surge in other expenses from Rs. 8.40 Lakhs to Rs. 65.73 Lakhs, driving the company into significant losses. Total equity has eroded to Rs. 17.88 Lakhs (from Rs. 63.95 Lakhs), while short-term borrowings stand at Rs. 43.85 Lakhs. The statutory auditors ShahValera & Associates LLP issued an unmodified opinion with no going concern emphasis. The company also appointed a new internal auditor for FY2026-27.
The company is facing severe financial stress with a massive loss and eroded equity position. The clean auditor opinion provides some comfort, but the significant swing to losses and declining equity warrant caution for investors.