Please find the attached outcome of Board Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Callista Industries reported revenues of Rs. 71.56 Lakhs for FY 2026, a massive jump from just Rs. 0.04 Lakhs in FY 2025. The company narrowed its loss significantly to Rs. 0.31 Lakhs PAT compared to Rs. 63.12 Lakhs loss in the prior year. However, Q4 alone shows a profit of Rs. 56.10 Lakhs due to reversal of excess managerial remuneration of Rs. 30 Lakhs. The balance sheet reveals severe distress with negative total equity of Rs. 78.05 Lakhs. The company also wrote off its entire closing inventory of Rs. 16.36 Lakhs, stating it is obsolete. Statutory auditors M/s. Ramanand & Associates issued an unmodified (clean) opinion on the results.
The stock may see mixed reaction: positive revenue jump and loss reduction are encouraging, but negative equity of Rs. 78 Lakhs signals serious balance sheet stress and raises going concern doubts despite the clean audit opinion.