Resubmission of Borrowings and Networth of the company in crores. Credit rating is NR.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. Revenue from operations grew about 35% year-on-year to Rs. 8.56 crore from Rs. 6.32 crore. However, net loss widened sharply to Rs. 17.27 crore from Rs. 12.71 crore in the previous year as expenses grew faster than revenue. Total expenses rose to Rs. 26.86 crore from Rs. 19.95 crore. The company's balance sheet shows deeply negative networth with accumulated losses of roughly Rs. 250 crore. Credit rating is stated as NR (Not Rated). M/s T Balaji and Associates was appointed as Internal Auditor for FY2026-27. The filing also resubmits details of borrowings and networth.
The widening losses, negative networth, and NR credit rating signal serious ongoing financial weakness for shareholders. Despite revenue growth, costs are out of control and there is no visible path to profitability, meaning existing equity holders face continued value erosion with high risk.