This is to inform that the Board of Directors of the Company at their meeting held today, have considered & approved the un-audited financial results for the quarter and six months ended ....
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Nouveau Global Ventures reported weak results for Q2 FY26 with a net loss of ₹10.71 lakhs against a small profit of ₹2.59 lakhs in Q1 FY26. For the half-year ended September 2025, revenue fell sharply to ₹38.88 lakhs from ₹95.77 lakhs in H1 FY25, a decline of nearly 59%, driven mainly by lower other income. The company slipped into an H1 loss of ₹8.13 lakhs versus a profit of ₹53.79 lakhs a year ago. The balance sheet shows serious stress: other equity remains deeply negative at ₹(1,823.93) lakhs against paid-up capital of ₹1,855.30 lakhs, and non-current borrowings have jumped over 178% to ₹838.37 lakhs from ₹301.37 lakhs earlier, pushing debt far above shareholder funds of just ₹31.37 lakhs. Operating cash flow was also negative at ₹(57.33) lakhs.
Significant red flags for shareholders — sharply falling revenues, a return to losses, heavily negative net worth, a near tripling of long-term borrowings, and cash burn from operations all point to serious financial distress and raise going-concern worries despite an unqualified auditor review.