Dear sir, We are attaching herewith Financial results along with annexures and Limited review Report for the Quarter ended on 31.12.2025. please take the same on record. for Progrex ....
Awaiting price reaction for this filing.
Progrex Ventures Ltd (formerly Progressive Extractions & Exports Limited), an SME listed on BSE, reported zero revenue from operations for the third quarter of FY26, with total income of just Rs 0.10 lakh from other income. The company posted a net loss of Rs 2.05 lakh in Q3 FY26, compared with a loss of Rs 2.20 lakh in the corresponding quarter last year and Rs 5.26 lakh in the previous quarter. On a nine-month YTD basis, the net loss widened sharply to Rs 8.97 lakh from Rs 5.40 lakh a year earlier. The company explicitly noted 'There is No Business Activities during this quarter.' Total expenses for the quarter were Rs 2.15 lakh, dominated by salaries, legal and professional fees. The auditor (Jain Dhureja & Co.) issued an unmodified limited review report with no matters of emphasis.
With no operating revenue and widening losses, the company appears to be a dormant/non-operating entity, which is a negative signal for shareholders. The high debt-to-equity ratio of 1.5x combined with zero business activity raises concerns about the company's future operational viability, though reserves of around Rs 387 lakh and paid-up debt of Rs 360 lakh provide some buffer.