Orchasp Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
ORCHASP · price
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Awaiting price reaction for this filing.
Orchasp Limited submitted its unaudited financial results for Q1 FY2026 (quarter ended June 30, 2025) on August 11, 2025. Revenue from operations more than doubled to Rs. 775.19 lakhs from Rs. 347.77 lakhs in the same quarter last year, while profit after tax jumped to Rs. 54.22 lakhs from Rs. 22.83 lakhs. The company swung from a full-year FY25 loss of Rs. 1,052.36 lakhs to a quarterly profit. The statutory auditor (JMT & Associates) issued a qualified opinion, flagging concerns around a Rs. 6,825 lakhs investment in a non-operational Portugal subsidiary (whose certificate of incorporation faces cancellation), unpaid statutory dues like PF and ESI, and trade receivables/payables stuck for over six months without external confirmations.
Despite strong YoY revenue and profit growth, the qualified opinion and unresolved issues around the Portugal subsidiary, unpaid statutory dues, and aging receivables raise red flags about asset quality and governance — likely to weigh on investor sentiment and keep the stock under scrutiny.