Pursuant to Regulations 30, 33 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors ....
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The company reported a net loss of Rs 320.27 lakh for FY26, a sharp reversal from a net profit of Rs 47.96 lakh in FY25. Revenue from operations declined marginally from Rs 1,982.98 lakh to Rs 1,964.89 lakh. The loss before tax stood at Rs 320.27 lakh versus a profit of Rs 73.85 lakh in the prior year. A significant Rs 300 lakh provision for Expected Credit Loss on loan was recorded, weighing heavily on profitability. Total assets decreased to Rs 1,748.43 lakh from Rs 1,971.88 lakh. Statutory auditors M/s Rajeshkumar P. Shah & Co. issued an unmodified (clean) audit opinion with no qualifications. The board meeting lasted 30 minutes.
The company swung from a profit of Rs 47.96 lakh to a loss of Rs 320.27 lakh — a major deterioration. The large ECL provision signals underlying stress on loan assets, and the flat revenue combined with negative operating cash flow of Rs 503.87 lakh suggests operational challenges. Shareholders should monitor if the loss-making trend continues.