Considered and approved the following: 1. The audited financial results and audited financial statements for the quarter and year ended 31st March, 2026 along with Auditors Report. The ....
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GSL Securities Ltd reported audited financial results for FY26 ending March 31, 2026. The company posted a net loss of Rs 31.38 lakhs, worsening from Rs 16.46 lakhs loss in FY25. Revenue from operations remained at zero for both periods, with only other operating income of Rs 5.59 lakhs (up from Rs 1.62 lakhs). The Q4FY26 showed profit of Rs 8.80 lakhs vs loss of Rs 27.26 lakhs in Q3. The Board also approved re-appointment of internal auditor and secretarial auditor, and confirmed utilization of Rs 4.25 crore raised through preferential issue. Statutory auditors VRSK & Co. LLP issued an unmodified (clean) opinion on the financial statements.
The stock shows persistent operational losses with zero revenue from core operations. While Q4 returned to profit, the full year loss widened significantly. The clean audit opinion provides some comfort, but investors should note the company's limited revenue generation capability and reliance on other income.