In continuation to our letter dated 27th, July, 2025, this is to inform you that the Board of Directors of<BR> the Company at its meeting held today i.e. 4th,August, 2025, have duly approved ....
Awaiting price reaction for this filing.
Sai Industries Ltd's board approved unaudited financial results for Q1 FY26 on August 4, 2025. The company reported zero revenue from operations for the quarter, a pattern consistent with prior periods (zero revenue in Q1 FY25 and FY25 full year). It posted a small net loss of Rs. 0.03 lakhs in Q1 FY26, with total expenses of Rs. 0.03 lakhs, narrowing from the Rs. 1.38 lakh loss in Q4 FY25. Reserves remain deeply negative at Rs. (475.87) lakhs against paid-up equity capital of Rs. 296.76 lakhs, meaning the company's net worth is approximately Rs. (179) lakhs. The auditor (Girotra & Co) issued an unqualified limited review report with no qualifications or emphasis of matter.
This is a financially distressed micro-cap with no operating revenue, persistent losses, and negative net worth, signaling serious solvency concerns for shareholders. The stock remains highly risky with no clear path to revenue generation evident from this filing.