Following Decisions were taken-1.Considered, approved and took on record the audited Financial Results of the company for the quarter and the Financial Year ended March 2026 along with ....
Awaiting price reaction for this filing.
Soni Medicare Ltd reported a net loss of Rs 270.80 lakhs for FY March 2026, significantly worse than the Rs 18.64 lakh loss in the previous year. Revenue from operations declined to Rs 2,470.85 lakhs from Rs 2,983.82 lakhs in the prior year, representing a 17% revenue decline. The company has negative net worth with Other Equity at negative Rs 549.88 lakhs (vs negative Rs 296.65 lakhs last year). Total borrowings increased to Rs 1,294.74 lakhs from Rs 1,051.98 lakhs. Operating cash flow turned negative at Rs 26.34 lakhs compared to positive Rs 153.58 lakhs previously. The statutory auditor issued an unmodified opinion confirming clean audit findings.
The sharp deterioration in profitability with widening losses and negative net worth raises serious concerns about the company's financial health and going concern status. Shareholders should be cautious as the stock may face significant pressure due to operational underperformance and deteriorating balance sheet strength.