Board apporved the financial result for the quarte ended June 30, 2025
Awaiting price reaction for this filing.
The board approved standalone unaudited financial results for the quarter ended June 30, 2025 on August 14, 2025. Revenue from operations surged to Rs. 167.34 lacs from just Rs. 15.50 lacs in the same quarter last year, though off a very small base. The company swung to a net profit of Rs. 5.07 lacs versus Rs. 2.26 lacs in Q1 FY25, while the preceding quarter (Q4 FY25) had posted a loss of Rs. 44.52 lacs. The auditor (S K Bhavsar & Co.) issued a limited review report with an Emphasis of Matter flagging that payables, loans, and advances as of the balance sheet date are pending comprehensive verification and reconciliation with external parties. Accumulated reserves stand deeply negative at Rs. (7,254.24) lacs against paid-up equity capital of Rs. 7,128.79 lacs, showing that historical losses have fully eroded the company's net worth.
While the sharp revenue jump and return to quarterly profit look positive on the surface, the negative reserves and the auditor's emphasis on unverified balances are serious red flags. Shareholders should treat this small-cap filing with caution — the growth is from a very low base and the balance sheet remains stressed.