THE FINANCIAL RESULTS (STANDALONE & CONSOLIDATED) FOR THE 4TH QUARTER AND FINANCIAL YEAR ENDED 31 MARCH, 2026, ARE ENCLOSED HEREWITH.
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Newtime Infrastructure Limited reported significant financial deterioration for FY2026. Standalone revenue declined to ₹280 lakh from ₹390 lakh in the previous year, representing a 28% drop. The company posted a standalone loss after tax of ₹467.37 lakh, nearly tripling from the prior year loss of ₹181.58 lakh. Consolidated loss after tax widened to ₹653.09 lakh from ₹319.19 lakh. The auditors raised a material uncertainty regarding going concern for subsidiary Aerthaa Luxury Homes Private Limited, which has accumulated losses of ₹180.35 lakh and eroded net worth. An Emphasis of Matter note highlights that immovable properties of the company and subsidiaries were provisionally attached by the Enforcement Directorate under PMLA. Trade receivables, payables, and advances are pending reconciliation.
The company is in significant financial stress with widening losses and revenue decline. The going concern warning from auditors and Enforcement Directorate attachment of properties are serious concerns for shareholders. The stock may face selling pressure due to deteriorating fundamentals and regulatory issues.