Board Meeting to consider the Audited Financial Results for 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported severely declining financial performance for FY 2025-26. Total income dropped to ₹20.00 lakhs from ₹79.94 lakhs in the previous year, a roughly 75% decline. The company incurred a net loss of ₹74.49 lakhs, significantly worse than the previous year's loss of ₹28.76 lakhs. Basic and diluted EPS worsened to -₹1.24 from -₹0.48. Operating cash flow remained negative at -₹123.83 lakhs for H2. However, the company completed a preferential issue raising ₹26.62 crore through share warrants, boosting cash reserves from ₹41.35 lakhs to ₹2,000 lakhs. The statutory auditor K. Singh & Associates issued an unmodified (clean) opinion on the financial statements.
The company is loss-making with declining revenues and negative operating cash flows, which raises concerns about its ability to sustain operations. However, the recent capital raise of over ₹26 crore provides liquidity. Shareholders should watch whether the new funding translates into operational turnaround given the significant revenue collapse.