Outcome of Board Meeting
Price
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The board of Incon Engineers met on August 8, 2025 and approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at ₹20.18 lakhs, up from nil in the same quarter last year, while total income was ₹23.80 lakhs versus ₹3.66 lakhs in Q1 FY25. Total expenses rose to ₹27.99 lakhs, leading to a loss before and after tax of ₹4.19 lakhs, narrowing from a ₹13.41 lakh loss a year ago. Diluted EPS was ₹(0.10). The board also fixed September 29, 2025 for the 55th AGM, with a September 22, 2025 cut-off date for e-voting, and approved the Directors' Report for FY25. The auditor Brahmayya & Co issued an unmodified limited review report with no qualifications or emphasis of matter.
The company remains loss-making at the quarterly level, though the loss has narrowed compared to the year-ago period. Shareholders should note the negative other equity position of about ₹607 lakhs against ₹433 lakhs of share capital, indicating accumulated losses, and watch for signs of revenue scaling up and a return to profitability.