Outcome Of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Incon Engineers Ltd reported a net loss of approximately ₹13.07 lakhs for Q2 FY26, slightly wider than the ₹11.09 lakh loss in Q2 FY25. Revenue from operations was nearly flat at ₹20.18 lakhs versus ₹20.64 lakhs a year ago, with total income of ₹23.80 lakhs. For the half-year, losses narrowed to ₹18.26 lakhs from ₹24.50 lakhs, helped by inventory adjustments. The balance sheet now shows total equity at negative ₹53.79 lakhs due to accumulated losses of ₹625.17 lakhs, while total assets have shrunk to ₹59.13 lakhs. Operating cash flow remained negative at ₹-4.36 lakhs for the half year. The auditor (Brahmaayya & Co.) issued an unqualified limited review report.
This is a deeply concerning set of results for shareholders — the company is technically insolvent on book value with negative equity, persistent quarterly losses, and negative operating cash flow, signalling serious going-concern risk. Investors should treat this stock as high-risk with limited near-term recovery visibility.