Dear Sir/Madam, In continuation with our earlier communication dated August 07, 2025 and pursuant to Regulation 30, 33 and other applicable provisions, we wish to inform you that the ....
Awaiting price reaction for this filing.
Alchemist Corporation Ltd reported zero revenue from operations for Q1 FY26 (quarter ended June 30, 2025), unchanged from the previous periods. The company posted a standalone loss after tax of ₹7.03 lakhs (consolidated loss of ₹7.20 lakhs), compared to a loss of ₹3.53 lakhs in Q1 FY25. Total expenses stood at ₹4.34 lakhs standalone, mainly comprising employee costs (₹1.11 lakhs) and other expenses (₹3.23 lakhs). EPS was negative at ₹(0.14) standalone. For full FY25, the audited loss was ₹28.81 lakhs on standalone basis. The statutory auditor (Krishan Rakesh & Co.) issued an unqualified limited review report but flagged a note that no accounting adjustments were made for Ind AS 116 (Leases). Separately, Mr. Rahul Sharma resigned as Chairman/Director citing personal reasons, and Mr. Akshay Chaturvedi was appointed as Additional Director and Chairman, with committees reconstituted accordingly.
The company continues to generate no operating revenue and is sustaining losses, raising questions about its core business viability. The leadership change at the Chairman level could signal a strategic reset, but shareholders should watch for any new business direction or fundraising given the persistent cash burn and absence of top-line income.