Financial results for the half year ended 30th September 2025
Awaiting price reaction for this filing.
Viaan Industries Ltd, recently renamed Redmax Footwears Limited, reported standalone unaudited results for H1 FY26 (April–September 2025). Revenue from operations stood at around Rs 7.70 lakhs, with total expenses significantly higher, leading to a loss before tax of Rs 10.49 lakhs and a net loss of Rs 10.44 lakhs (EPS of Rs -0.10), compared to a full-year FY25 loss of Rs 32.14 lakhs (EPS Rs -0.32). The auditor (Ashwani & Associates) issued an unmodified review report, but flagged as an 'Other Matter' that trading in the company's equity shares is temporarily restricted/suspended on BSE for procedural reasons. Cash and cash equivalents at end-September 2025 were only Rs 0.68 lakhs, and operating cash flow was negative.
The company remains loss-making with negligible revenue and dwindling cash, while its shares are currently suspended from trading on BSE — a combination that raises concerns about financial viability and liquidity for shareholders.