Un-audited Financial Results along with Auditor''s Limited Review Report for the quarter ended December 31, 2025.
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Awaiting price reaction for this filing.
Infronics Systems reported essentially zero revenue from operations in Q3 FY26, with total income of just Rs. 1.08 lakhs versus Rs. 164.71 lakhs in the year-ago quarter, after its main BSNL SMS services contract wound down last fiscal year. The company swung to a Q3 FY26 loss of Rs. 18.82 lakhs (vs. a profit of Rs. 8.17 lakhs in Q3 FY25) and posted a 9M FY26 loss of Rs. 58.33 lakhs, with EPS at (Rs. 0.24) for the quarter. The auditor issued a qualified conclusion over a Rs. 12.05 crore disputed demand notice from M/s Mudunuru Limited (principal Rs. 8.60 cr + interest Rs. 3.45 cr) and an FIR registered against the promoters, directors and CFO, with two of the company's bank accounts placed under debit freeze. The auditor separately flagged a material uncertainty about the company's ability to continue as a going concern since it currently has no active business. Management states it has sufficient cash to meet near-term liabilities and is exploring new technology product development.
This is a deeply negative disclosure for shareholders: the company has no operating revenue, is loss-making, faces a sizeable contingent liability, criminal proceedings against its leadership, and a going-concern qualification from its auditor — the stock is likely to face sharp selling pressure and warrants high-risk caution.