Dear Sir, We wish to inform that the Board of Directors of the Company at its meeting held today i.e. Wednesday, 30th July, 2025 has approved Quarterly Unaudited financials results (Standalone) ....
Awaiting price reaction for this filing.
Avasara Finance Limited (formerly TRC Financial Services) reported standalone unaudited results for the quarter ended June 30, 2025. Revenue from operations was zero, compared to Rs. 4.29 lakhs in the same quarter last year. The company posted a net loss of Rs. 18.79 lakhs (EPS of Rs. -0.38), widening from a Rs. 17.56 lakh loss a year ago. The statutory auditor issued an unmodified opinion but added an Emphasis of Matter paragraph, flagging accumulated losses of Rs. 317.94 lakhs and significant erosion of net worth. Management stated it is exploring new revenue avenues and continues to prepare accounts on a going concern basis.
The stock remains under stress — zero operating revenue, widening losses, and a net worth wiped down to negative Rs. 317.94 lakhs against Rs. 500.09 lakhs of share capital signal serious financial weakness. Investors should treat this as a high-risk, thinly-traded micro-cap with limited near-term recovery prospects.