OUTCOME OF THE BOARD OF DIRECTORS MEETING HELD ON AUGUST 13, 2025.
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Aviva Industries' board approved unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations was nil, down from Rs. 3.19 lakhs in the previous quarter. Total expenses rose sharply to Rs. 11.22 lakhs (mostly other expenses) from Rs. 4.83 lakhs. The company reported a net loss of Rs. 11.22 lakhs, much wider than the Rs. 1.64 lakh loss in Q4 FY25. Loss per share stood at Rs. 0.75. The statutory auditor S K Bhavsar & Co. issued a limited review report with an Emphasis of Matter flagging pending verification of trade receivables, payables, loans, advances, and investments, but gave an unmodified opinion.
Zero revenue and a widening quarterly loss point to weak operating activity, which is a negative signal for shareholders. The auditor's emphasis-of-matter note adds caution on the reliability of certain balances, though the overall opinion remains clean.