Audited Financial Results for the quarter and year ended as on 31st March, 2026 is attached herewith
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Eforu Entertainment Ltd (formerly Tavernier Resources Ltd) reported audited financial results for FY2025-26. The company posted total income of Rs 168.55 lakhs, a sharp decline from Rs 293.65 lakhs in the previous year. Profit after tax stood at Rs 86.83 lakhs versus Rs 266.35 lakhs in FY2024-25, representing a 67% drop in profitability. The auditor issued an unmodified (clean) opinion with no qualifications. Operating cash flow turned significantly negative at Rs -381.31 lakhs, indicating cash burn despite profitability. Cash reserves plummeted from Rs 431.59 lakhs to Rs 15.64 lakhs during the year. The board also appointed Mrs. Riddhi Mit Shah as Company Secretary and Compliance Officer.
The company is facing severe revenue contraction and negative operating cash flows, which raises concerns about liquidity sustainability despite the clean audit opinion. Shareholders should monitor cash position closely as the company is burning cash at an accelerating rate.