Q1 FY27 Results: Revenue Falls 32%, Net Loss Widens to Rs 78 Lakhs
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Q1 FY27 (quarter ended June 30, 2026) standalone results. Net sales dropped to Rs 158.38 lakhs from Rs 233.70 lakhs year-on-year, a decline of about 32%. Net loss widened sharply to Rs 78.01 lakhs versus Rs 17.89 lakhs in Q1 FY26. Gases segment posted a loss of Rs 44.90 lakhs and Engineering segment a loss of Rs 81.29 lakhs, while Software was the only profitable segment at Rs 7.11 lakhs. Auditor Ashvin K Yagnik and Co issued a clean limited review. The company also disclosed Rs 176.06 lakhs from a preferential allotment in FY 2025-26 still unutilised for working capital, to be used by year end.
Worsening losses and revenue decline signal financial stress for small-cap investors; pending preferential fund deployment adds governance concern.