Melstar Q2 FY26 results: zero revenue, wider loss, auditor flags going concern

Melstar Info Tech posted zero revenue from operations for Q2 and H1 FY26 (ended Sep 30, 2025). Standalone net loss widened to Rs 98.10 lakh versus Rs 6.88 lakh loss in H1 FY25. Consolidated loss was Rs 157.21 lakh. Auditor CKSP and Co LLP issued a qualified conclusion citing the 2019 IBC admission; results still prepared on a going concern basis. Company awaits business licenses to start operations. Cash burn continues with negative operating cash flow.