HEALTHXNSEHealth X Platform LimitedLowNeutral
Announced Sat, 30 May · 18:44 IST

Health X Platform Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

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AI summary

Health X Platform Limited (formerly Sastasundar Ventures Limited) announced its Q4 and FY2026 audited financial results. For standalone operations, the company reported a net loss of Rs. 95.12 lakhs for FY2026 compared to a loss of Rs. 71.37 lakhs in FY2025. Consolidated revenue from operations stood at Rs. 13,192.66 lakhs. The Board re-appointed M/s Priya Gupta & Co. as Internal Auditor for FY2026-27. Statutory auditors JKVS & Co. provided unmodified opinions on both standalone and consolidated results. However, auditors of step-down subsidiary Genu Path Labs Limited raised a material uncertainty regarding going concern due to accumulated losses. The company operates in Financial Services and Healthcare Network segments.

Likely market impact

The company continues to incur losses on a standalone basis. The going concern warning from a subsidiary's auditors may raise red flags for investors. However, the consolidated entity maintains substantial revenue, and the unmodified audit opinions provide some comfort on financial reporting quality.