Respected Sir/Madam, With reference to the captioned subject and pursuant to the Regulation 33 of SEBI (LODR) Regulation, 2015, the Board of Directors of the Company at its meeting held ....
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Neelkanth Rockminerals Ltd's board, at its meeting on 14 August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). The company reported zero revenue from operations during the quarter, similar to the corresponding quarter last year (Q1 FY25 also had nil revenue). Total expenses stood at Rs. 2.98 lakhs, mainly from employee benefits (Rs. 0.95 lakhs) and other expenses (Rs. 2.03 lakhs). The company posted a net loss of Rs. 2.98 lakhs for the quarter, improving slightly from the Rs. 4.50 lakh loss in Q1 FY25. Basic and diluted EPS were both at Rs. (0.06). The statutory auditor, Shambhu Gupta & Co., issued an unqualified limited review report with no qualifications or concerns flagged. The company operates only in one segment (granite and other materials) and has no subsidiaries.
The company continues to generate no revenue, relying on reserves to cover operating costs, which raises concerns about its core business sustainability. However, losses remain small in absolute terms and the auditor's report is clean, so the immediate impact on shareholders is limited but the lack of revenue remains a key concern for the stock.