Newspaper Publications of the Unaudited Financial Results for the Quarter ended 30th June, 2025.
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Gita Renewable Energy has submitted to BSE copies of newspaper publications (Makkal Kural in Tamil and Trinity Mirror in English, dated August 16, 2025) of its unaudited Q1 FY26 results, as required under SEBI LODR Regulation 47. The company reported zero revenue from operations in Q1 FY26, compared to Rs 2.10 lakhs in Q1 FY25 and Rs 10.30 lakhs in Q4 FY25. Total expenses fell to Rs 7.42 lakhs (from Rs 11.57 lakhs in Q4 FY25), led by lower employee costs (Rs 3.30 lakhs) and other expenses (Rs 3.74 lakhs). The company posted a net loss of Rs 7.42 lakhs (EPS of Rs -0.18) versus Rs 1.27 lakhs loss in Q4 FY25 and Rs 15.34 lakhs loss in Q1 FY25. Paid-up equity capital stands at Rs 411.23 lakhs, with reserves of Rs 900.29 lakhs as of March 2025.
Continued revenue drought with no operating income in the quarter raises concerns about the company's core renewable energy generation business, though the smaller loss versus Q1 FY25 suggests cost rationalisation. Shareholders should note the widening operational gap and the absence of fresh revenue.