Considered and approved Un audited financial results for the quarter ended June 30, 2025 prepared in accordance with Ind AS as approved by audit committee of the company along with limited ....
Awaiting price reaction for this filing.
Charms Industries Limited reported NIL revenue from operations for Q1 FY26 (quarter ended June 30, 2025), same as the corresponding quarter last year. Total income for the quarter stood at just 0.05 lakh (vs 0.10 lakh in Q1 FY25), while total expenses were 3.41 lakhs, resulting in a net loss of 3.36 lakhs (vs 3.34 lakh loss in Q1 FY25). Loss per share was Rs. (0.08) for the quarter. The full FY25 year also ended with revenue of only 3.21 lakhs and a loss of 14.63 lakhs. The limited review report from statutory auditor Ashit N. Shah & Co was unmodified with no qualifications or emphasis of matter.
The company appears to have effectively ceased revenue-generating operations and is sustaining losses funded by other income and capital, raising serious going concern concerns for shareholders. The stock is a thinly-traded, very small-cap entity and this filing is unlikely to move the share price but signals operational distress.