Un-audited Financial Results of the Company for the Quarter ended 30.09.2025.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
City Online Services Limited reported unaudited results for Q2 FY26, with revenue from operations rising about 6% year-on-year to Rs. 194.90 lakhs, but the company slipped into a net loss of Rs. 19.98 lakhs compared to a profit of Rs. 14.21 lakhs in Q2 FY25. For the half-year, revenue declined nearly 2% to Rs. 394.10 lakhs from Rs. 401.99 lakhs, and the company posted a net loss of Rs. 23.66 lakhs versus a small profit last year. Operating expenses jumped sharply, particularly employee costs and other expenses, weighing heavily on margins. The balance sheet shows negative net worth of Rs. (31.17) lakhs, meaning liabilities exceed assets. The auditor issued a Qualified Opinion flagging Rs. 10.04 lakhs of revenue mismatch between books and GST returns, unfiled GSTR-3B returns for AP and Karnataka branches, Rs. 19.72 lakhs in unpaid statutory dues (PF and TDS), and Rs. 17.92 lakhs of unbilled revenue.
Negative — swinging from profit to loss, a negative net worth, and a qualified audit opinion are serious red flags for shareholders. The compliance lapses on GST and tax remittances add legal and financial risk, and this disclosure is likely to weigh on investor sentiment and the stock price.