Board Meeting held to consider and approve the consolidated Unaudited Financial Result for the quarter ended June 30, 2025
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Epuja Spiritech Limited (formerly Sagar Productions Limited) announced its Q1 FY26 standalone and consolidated unaudited results on August 13, 2025. Revenue from operations fell to Rs. 13.31 lakhs from Rs. 15.34 lakhs in the same quarter last year, while total income dropped to Rs. 15.93 lakhs from Rs. 17.34 lakhs. The company reported a net loss of Rs. 40.60 lakhs, narrower than the Rs. 62.30 lakhs loss in Q1 FY25, helped by lower expenses. Exceptional items of Rs. 16.21 lakhs were charged during the quarter. Loss per share stood at Rs. 0.05 versus Rs. 0.07 a year ago. The statutory auditor (S D P M & Co.) issued an unmodified (clean) limited review report on both standalone and consolidated results. The Board also appointed Mr. Shailendra Mishra as Additional Independent Director and reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship committees.
The company continues to report quarterly losses and very small revenues, indicating ongoing business challenges, though losses are narrowing. Shareholders should note the weak top line and continued negative earnings, which remain a concern for the stock despite the clean auditor opinion.