This is to inform that the Board of Directors of the Company at their meeting held today i.e 13th August, 2025 have considered & adopted the un-audited financial results for the quarter ....
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Nouveau Global Ventures Ltd announced its Q1 FY26 results on 13 August 2025. Total income for the quarter stood at Rs 24.73 lakhs, a sharp drop of about 68% from Rs 76.31 lakhs in the same quarter last year, as the company has no revenue from operations and depends entirely on other income. Total expenses were largely flat at Rs 22.14 lakhs versus Rs 21.39 lakhs, but finance costs surged from Rs 1.57 lakhs to Rs 3.95 lakhs. Profit after tax fell sharply to Rs 2.59 lakhs from Rs 56.11 lakhs in Q1 FY25, while basic EPS came in at Re 0.001 versus Re 0.030 earlier. The statutory auditors (Ashok Shetty & Co) issued an unmodified limited review opinion on the results. The company continues to operate as a single segment and reported no segment-wise revenue from operations.
Sharply lower other income and a 95% YoY drop in profit signal weak earnings momentum, which may weigh negatively on the stock. However, results remain technically profitable and the auditor's clean opinion provides some comfort on disclosure quality.