Integrated Filing (Financial) for the Quarter and Three Months ended on June 30, 2025.

IMP Powers reported Q1 FY26 revenue from operations of Rs. 171.18 lakhs, a sharp pickup from just Rs. 0.18 lakhs in Q1 FY25, as the company restarted operations after being sold as a going concern through the IBC liquidation process. However, the company swung to a standalone net loss of Rs. (198.70) lakhs versus a small profit of Rs. 11.28 lakhs in the year-ago quarter, and reported a consolidated net loss of Rs. (200.33) lakhs with a negative EPS of Rs. (2.31). The statutory auditors (B J S And Associates) issued a qualified opinion, flagging unconfirmed trade receivables, pending tax reconciliations, and the absence of any impairment testing on assets despite ongoing financial losses and reduced operations. The consolidated balance sheet shows deeply negative other equity of Rs. (27,953.70) lakhs against paid-up capital of Rs. 863.66 lakhs, reflecting massive accumulated losses carried forward from the pre-resolution period. The going concern assumption is supported by the Rs. 78 crore received from the successful bidder under the IBC sale, though interest and finance charges on pre-existing liabilities have not been provided in these results.