Board approves Q1 FY27 results, appoints new Internal Auditor
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Board approved unaudited standalone and consolidated results for Q1 FY27 (quarter ended June 30, 2026). Standalone net loss was Rs. 7.25 lacs against a loss of Rs. 9.06 lacs in Q1 FY26. Consolidated net loss was Rs. 8.12 lacs versus Rs. 17.62 lacs loss a year ago. Total income was Rs. 9.00 lacs (all other income, no revenue from operations). The Board also appointed M/s. Dhruv M Patel & Associates as Internal Auditor for FY 2026-27. Auditor Sorab S. Engineer & Co. gave an unmodified limited review report.
Loss continues though narrower year-on-year. No operational revenue; tiny company in real estate development segment. Routine internal auditor change.