Financial Result for the Quarter ended June30, 2025
Awaiting price reaction for this filing.
Prabhat Technologies filed its long-delayed Q1 FY26 (June 30, 2025) results, signed by the CFO with results taken on record by the Resolution Professional. Revenue from operations collapsed to just Rs. 0.02 lakh from Rs. 0.21 lakh a year ago, while the company booked massive exceptional items of Rs. 1,564.13 lakhs, driving a standalone loss after tax of Rs. 1,172.19 lakhs (EPS of Rs. -10.95) versus a Rs. 5.83 lakh loss last year. Total equity turned negative at Rs. -567.25 lakhs. The company remains under CIRP since October 2019 — NCLT ordered liquidation in January 2024, which was stayed by NCLAT and remanded back; the matter is now reserved for order. Notably, the CFO declared an 'unmodified/unqualified' audit opinion, but the actual auditor's report contains a Qualified Conclusion (on accounting of Non-Sustainable Debt under CIRP) and an Emphasis of Matter (on the insolvency proceedings), making that declaration misleading.
This is a deeply distressed, near-defunct company with negative equity, operational revenue near zero, and an outstanding liquidation order cloud — shareholders face near-total wipeout risk. The trading stock (BSE: 540027) is essentially a speculative penny with the final CIRP verdict from NCLT likely to be the key catalyst for any price action.