Integrated Financial Results Audited for the Quarter and Year ended 31st March 2026
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Quintegra Solutions Limited reported audited financial results for FY 2025-26 with minimal revenue of Rs. 0.01 lakh. The company incurred a net loss of Rs. 8.28 lakh for the year, similar to Rs. 8.10 lakh loss in the previous year. The balance sheet shows severe capital erosion with negative shareholders' funds of Rs. 1,301.65 lakh against share capital of Rs. 2,681.38 lakh. Long-term borrowings stand at Rs. 1,378.11 lakh. The statutory auditor S V S R and Associates issued an un-modified (clean) opinion on the financial statements. Related party transactions include loans received from directors and associates totaling approximately Rs. 13.03 crore outstanding as of March 31, 2026.
The company faces significant financial distress with negative net worth and consistent losses. While the auditor issued a clean opinion, the negative equity position raises going concern doubts despite auditor's assessment otherwise. Shareholders should be cautious given the capital erosion and accumulated losses.