Results for the first quarter ended 30.06.2025
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Awaiting price reaction for this filing.
The board approved unaudited results for Q1 FY26 on August 11, 2025. The company reported zero revenue from operations and zero other income, with total income at nil for the quarter. Net loss stood at Rs. 1.90 lakh, compared to a profit of Rs. 3.79 lakh in the same quarter last year. Total expenses of Rs. 1.90 lakh were made up of small employee and other costs, with no production or trading activity visible in the numbers. The balance sheet shows paid-up equity capital of Rs. 778.63 lakh but other equity is deeply negative at Rs. (1,064.80) lakh, meaning accumulated losses have completely wiped out and exceeded shareholders' funds. The statutory auditor, P R Agarwal & Awasthi, issued an unqualified limited review report.
The company appears operationally dormant with no business revenue and a severely eroded net worth, which raises serious going-concern doubts for shareholders. Continued losses against negative reserves signal financial fragility and could weigh on the stock or invite regulatory scrutiny on solvency.