As per attachment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IEC Education's Board approved unaudited standalone and consolidated results for Q2 FY26 and the half-year ended September 30, 2025. The company reported zero revenue from operations and zero other income on both standalone and consolidated bases, with no business activity carried out during the half-year. Standalone loss after tax stood at Rs 3.62 lakh for the quarter (Rs 7.48 lakh for H1), while consolidated loss after tax was Rs 4.14 lakh for the quarter (Rs 8.00 lakh for H1). The statutory auditor flagged a going concern doubt, citing the absence of business activities and noting Rs 4.60 lakh in pending share application money for which no interest/penalty has been provided. Cash and cash equivalents dropped marginally to Rs 0.63 lakh (standalone) and Rs 8.36 lakh (consolidated), with negative operating cash flow.
This is a significant red flag for shareholders — the auditor has explicitly raised a going concern issue because the company has no business operations and is bleeding cash. With zero revenue, continuous losses, and only Rs 8.36 lakh in consolidated cash reserves, the stock is essentially a non-operating shell with serious survival questions. Investors should treat this as high-risk.