Financial result for the quarter ended 30th June, 2025
Awaiting price reaction for this filing.
Bijoy Hans Ltd reported a weak Q1 FY26 with revenue from operations falling to nil from Rs 8.64 lakh a year ago, while total income dropped to Rs 3.41 lakh from Rs 14.36 lakh. The company swung to a net loss of Rs 25.29 lakh versus a loss of Rs 5.25 lakh in Q1 FY25, with expenses rising to Rs 28.70 lakh. Paid-up equity capital increased to Rs 750 lakh from Rs 300 lakh after a Rs 5.625 crore preferential allotment of 45 lakh shares at Rs 12.50 to new promoters. Following the completion of an open offer and change of control, a new board was installed with Kaushal Uttam Shah as Chairman and MD, two new independent directors were appointed, and statutory auditor Rajesh Surana & Co was replaced by Khire Khandekar & Kirloskar. The auditor's limited review report was unqualified.
Shareholders should note a sharp deterioration in operating performance and a wider quarterly loss, alongside a complete change of management and auditor. The new promoter group's strategic direction and capital deployment of the recently raised Rs 5.625 crore will be key to watch for any turnaround in revenue.