Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The board approved standalone unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). Revenue from operations jumped sharply to Rs 75 lakh from Rs 10 lakh in the same quarter last year, a roughly 7.5x increase. However, total expenses also rose steeply to Rs 74.70 lakh from Rs 16.35 lakh, eating into most of the revenue gain. The company reported a loss before tax of Rs 6.33 lakh, which is an improvement from the Rs 12.11 lakh loss in Q1 FY25. After tax, the net loss stood at Rs 6.33 lakh, again narrower than the prior year's Rs 12.11 lakh loss. For context, full-year FY25 had ended with a marginal profit of Rs 3.25 lakh. The auditor (L K Ajmera & Associates) issued a clean, unmodified review report with no qualifications or concerns raised.
The sharp revenue growth is a positive signal for the rebranded company, but ballooning expenses have kept the bottom line in the red. For shareholders, the narrower loss is mildly encouraging, but profitability remains elusive and the very small scale of operations means the stock is likely to remain thinly traded and high-risk.