The Board of Directors of the Company has considered, approved and declared the Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025 at its meeting held on ....
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The Board approved unaudited financial results for the quarter and half year ended September 30, 2025. Revenue from operations was effectively nil (₹0.00 lakh in Q2 and H1) versus ₹0.02 lakh and ₹0.06 lakh in the corresponding prior periods. Total expenses stood at ₹25.84 lakh in H1, leading to a loss before exceptional items and tax of ₹25.84 lakh. Exceptional items of ₹17.97 lakh partially offset the loss, bringing the net loss after tax to ₹7.97 lakh in H1 (vs ₹28.22 lakh in H1 FY25) and EPS of ₹(0.01). The balance sheet shows accumulated losses in 'Other Equity' of ₹(9,088.84) lakh against equity share capital of ₹9,894.85 lakh, and cash & equivalents of only ₹2.00 lakh. Operating cash flow was negative at ₹(0.60) lakh. The auditor (DR & Associates) issued an unmodified limited review report.
The company remains a non-operating entity with no real revenue, deeply eroded reserves, and negative operating cash flow, suggesting serious going-concern concerns for shareholders. Stock price impact may be muted given negligible trading activity, but the weak fundamentals warrant caution.