We would like to inform you that the Directors in their meeting held on 14th day of August, 2025 have inter alia approved the un audited Financial Results of the Company for the First Quarter ....
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Colorchips New Media Limited's board, at its meeting on 14 August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations stood at Rs 1.21 lakh, sharply lower than Rs 2.49 lakh in the same quarter last year — a drop of roughly 51% year-on-year. The company reported a net loss of Rs 3.22 lakh for the quarter, a major improvement from the Rs 89.67 lakh loss in the year-ago quarter. EPS was negative Rs 0.19. Reserves (excluding revaluation) have fallen sharply from Rs 1.26 crore to Rs 25.35 lakh, and a small extraordinary provision for loss in market value of investments was recorded. Statutory auditor Pavan & Associates issued a clean limited review report with no qualifications or observations.
The sharp revenue decline and continued quarterly losses highlight ongoing operational weakness, though the much smaller loss versus last year shows some improvement. The steep erosion of reserves is a red flag for the company's long-term financial health and may weigh on investor sentiment.