Dear Sir / Madam, Please find attached outcome of the Company Board Meeting dated 15.05.2026. Please take same on record.
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Awaiting price reaction for this filing.
Oseaspre Consultants Limited reported a net loss of ₹18.28 lakhs for FY2025-26 compared to a profit of ₹3.98 lakhs in FY2024-25. Revenue from operations dropped to zero from ₹18 lakhs previously. However, the company reported total comprehensive income of ₹142.28 lakhs (vs ₹3.98 lakhs) due to a ₹178.52 lakh gain from sale of equity instruments under OCI. Operating cash flow remained negative at ₹21.92 lakhs. The board recommended a dividend of ₹87 per share despite the loss. Auditors Manek & Associates issued an unmodified (clean) opinion on the financials.
The company swung to a loss due to zero operating revenue, but the sale of investments boosted comprehensive income. The massive dividend payout despite a loss may signal management confidence or special circumstances. The strong cash position of ₹209.83 lakhs (vs ₹0.77 lakh prior year) provides a cushion.