Outcome of the Board Meeting held on 13.11.2025 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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The Board of Covidh Technologies approved its unaudited financial results for the quarter and half year ended 30 September 2025, along with the limited review report from auditor GMKS & Co (which was clean and unqualified). Revenue from operations stood at nil for both Q2 and H1 FY26, with the company reporting only Rs. 1 lakh as 'other income' for the half year. The company posted a small profit after tax of Rs. 0.33 lakh for H1 FY26 (EPS of Rs. -0.28) against a loss of Rs. 1.59 lakh in the same period last year. Total equity remains negative at Rs. -10.64 lakhs due to accumulated reserves of Rs. -42.98 lakhs, while long-term borrowings are Rs. 161.60 lakhs and cash balance just Rs. 1.15 lakhs.
Concerning picture for shareholders – the company has virtually no operating revenue, negative net worth, and negative operating cash flows, raising serious going-concern questions despite the auditor giving a clean review. With borrowings of Rs. 161.60 lakhs against negligible cash, financial sustainability appears fragile and the stock may remain thinly traded and risky.