Outcome of Board meeting held on May 29,2026
BLUECHIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Blue Chip India Ltd's Board approved audited financial results for Q4 and FY ended March 31, 2026. The company reported revenue of Rs. 17.50 Lacs for FY26, up nearly 3x from Rs. 6.00 Lacs in FY25. However, the company continues to report losses with net loss after tax of Rs. 28.13 Lacs, though significantly improved from Rs. 260.53 Lacs loss in the previous year. The balance sheet shows negative equity of Rs. 68.78 Lacs (down from Rs. 69.33 Lacs), indicating the company is technically insolvent. Statutory auditors Agarwal Sanganeria & Co. issued an unmodified (clean) opinion on the results. The company has filed a petition with NCLT Kolkata for share capital reduction, pending final approval. Cash flow from operations remained negative at Rs. 1.78 Lacs.
The loss reduction and revenue growth are positive signs, but negative equity and negative operating cash flow remain serious concerns for shareholders. The pending NCLT approval for capital reduction adds uncertainty. The clean audit opinion provides some comfort on financial reporting reliability.