The Board of Directors at its meeting held today has approved the Unaudited Financial Results( Standalone and Consolidated) for the quarter ended 30 June,2025.
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OK Play India Limited's Board has approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with limited review reports. On a standalone basis, revenue from operations rose to around Rs 7.27 crore from Rs 3.91 crore in Q1 FY25, with total income reaching about Rs 7.57 crore (up roughly 73% year-on-year). The company swung back to a profit of about Rs 72.46 lakh for the quarter, compared with a loss of Rs 10.58 lakh in the same quarter last year. An exceptional loss of about Rs 6.80 lakh was recorded, mainly due to a debit balance written off (Rs 8.22 lakh) and an exchange fluctuation loss of Rs 0.60 lakh on restatement of FCCB liability. The company also allotted 50 lakh equity shares during the quarter on conversion of warrants, linked to a Rs 5.06 crore preferential issue. MRH Technologies Pvt Ltd ceased to be a subsidiary effective May 26, 2025.
Strong top-line growth and a return to profitability signal a meaningful operational turnaround, likely viewed positively by shareholders; the warrant conversion also dilutes equity modestly while supporting working capital and expansion plans.