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Awaiting price reaction for this filing.
Nirbhay Colours India Limited (formerly Parth Industries Limited) reported its Q1 FY26 results on August 7, 2025. Revenue from operations for the quarter was Rs. 0.00 lakh, down from Rs. 4.99 lakh in the same quarter last year, indicating no core business activity. Total income stood at Rs. 10.58 lakh, almost entirely from other income, compared to Rs. 10.30 lakh in Q1 FY25. Profit after tax came in at Rs. 1.38 lakh, a decline of about 42% from Rs. 2.40 lakh in the year-ago quarter. EPS for the quarter was Rs. 0.04 on a paid-up equity capital of Rs. 335 lakh. The statutory auditor, A.L. Thakkar & Co., issued a clean (unqualified) limited review report with no qualifications or emphasis of matter.
With zero revenue from operations, the company appears to have no active trading or manufacturing business this quarter, and profitability is being sustained entirely through other income. For shareholders, this raises concerns about the continuity of the core business, though the auditor flagged no going-concern issues in this filing.