Yaari Digital Integrated Services Limited has informed the Exchange regarding Outcome of Board Meeting held on July 18, 2025
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The board of Yaari Digital Integrated Services Limited, at its meeting on July 18, 2025, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), along with limited review reports from statutory auditor M/s Raj Girikshit & Associates. Consolidated revenue from operations was minimal at Rs 0.02 crore, while the company reported a net loss of Rs 8.64 crore for the quarter (vs Rs 5.28 crore loss in Q1 FY25). Total expenses stood at Rs 8.17 crore, mainly driven by finance costs. On a standalone basis, the net loss was Rs 8.61 crore. The board also appointed M/s Sukesh & Co., Practicing Company Secretaries, as the Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval.
Continued losses and negligible operating revenue highlight the company's weak standalone performance, though the financials are bolstered by subsidiaries (Indiabulls General Insurance, Indiabulls Life Insurance, YDI Consumer). The pending Composite Scheme of Arrangement (merger of Indiabulls Enterprises and Dhani Services into Yaari Digital) remains a key event to watch, as it could materially reshape the business. Near-term stock reaction is likely to be muted given the lack of operating income.