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BSEKaran Woo Sin Ltd· Consumer DurablesHighNeutral
Announced Mon, 11 Aug, 2025 · 17:54 IST

The Board of Directors of the Company have approved the unaudited Financial Results for the Quarter ended June 30th 2025 at their meeting held on August 11, 2025.

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AI summary

The Board of Manor Estates and Industries Limited (BSE: 526115) met on August 11, 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income stood at Rs 2.80 lakhs (entirely other income, no revenue from operations), while total expenses were Rs 17.48 lakhs, resulting in a net loss of Rs 14.68 lakhs (EPS of Rs -0.18), marginally better than the Rs 15.74 lakh loss in Q1 FY25. The Board also approved the Directors' Report for FY25, notice for the 33rd AGM, re-appointment of statutory auditors M/s Nataraja Iyer & Co. for a second 5-year term, re-appointment of Rishabh Agarwal as Whole-time Director and Siddarth Sanghi as Independent Director (both for 5 years), and appointment of M/s Kashinath SAHU & Co. as Secretarial Auditors. The auditor issued an unmodified limited review report.

Likely market impact

The company continues to post quarterly losses with deeply eroded reserves (negative other equity of Rs 1,060.85 lakhs versus share capital of Rs 823.50 lakhs), indicating prolonged operational stress and negative net worth, which is a concern for shareholders despite no revenue from operations being reported this quarter.