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Awaiting price reaction for this filing.
International Data Management Ltd reported zero revenue from operations for the quarter ended 30 June 2025, with total income also at nil. The company posted a net loss of Rs. 5.05 lakhs in Q1 FY26, wider than the Rs. 4.23 lakh loss in the same quarter last year. Total expenses stood at Rs. 5.05 lakhs, slightly higher than Rs. 4.82 lakhs in Q1 FY25. For the full year ended 31 March 2025, the company reported a net loss of Rs. 12.83 lakhs on total income of just Rs. 0.60 lakhs, with EPS of (0.58). The statutory auditor V Nagarajan & Co. issued an unqualified limited review report. The Board also appointed M/s Rana & Associates, Company Secretaries, as Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval.
The company continues to generate no business revenue and is sustained only by negligible other income while incurring regular losses, which is a concern for shareholders. However, the appointment of a new Secretarial Auditor and the clean audit review are procedural and unlikely to move the stock significantly.