Board Meeting held on 8th May, 2026 to consider and approve audited financial results for the quarter and year ended 31st March, 2026.
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Epuja Spiritech Ltd (formerly Sagar Productions Ltd) reported audited financial results for FY2026 ending 31st March 2026. The company achieved consolidated revenue of Rs. 703.45 Lacs, a significant jump from Rs. 185.90 Lacs in FY2025 (approx. 278% growth). However, the company posted a massive net loss of Rs. 1,048.55 Lacs compared to a profit of Rs. 15.77 Lacs in the previous year. Total assets declined from Rs. 2,103.06 Lacs to Rs. 1,761.32 Lacs. The auditors issued clean unqualified opinions on both standalone and consolidated financial statements. The company has one subsidiary, Epuja Softtech Private Limited, included in consolidated results.
Despite strong revenue growth, the company is in deep financial distress with a net loss of over Rs. 1,048 Lacs. Shareholders should be cautious as the company faces significant challenges in achieving profitability.