Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). The company reported a loss after tax of around Rs. 287–298 lakhs in Q1 FY26, widening from a loss of Rs. 267 lakhs in Q1 FY25. Revenue from operations fell to Rs. 130.46 lakhs from Rs. 155.71 lakhs a year earlier, a drop of roughly 16%. For the full FY25, the company posted a loss of Rs. 1,271 lakhs with EPS of (Rs. 49.18). The balance sheet shows a deeply negative net worth of (Rs. 23,157 lakhs) and total liabilities of Rs. 40,995 lakhs against total assets of Rs. 17,838 lakhs, with other current financial liabilities alone at Rs. 23,026 lakhs. The 18th AGM has been scheduled for 29 August 2025 via video conference.
This is a negative read for shareholders — the company remains in persistent losses, revenue is shrinking, and liabilities far exceed assets with negative net worth, raising serious going-concern questions. Stock may face continued pressure and heightened risk of regulatory or restructuring action.