Outcome of Board meeting held on 13-11-2025
Awaiting price reaction for this filing.
The Board of Fourth Generation Information Systems Ltd approved its unaudited financial results for the quarter and half year ended 30 September 2025. Revenue from operations was NIL for both Q2 and H1 FY26, compared to ₹5.90 lakhs and ₹8.66 lakhs in the same periods last year — a complete collapse in business income. The company reported a loss of ₹18.90 lakhs in Q2 and ₹42.61 lakhs in H1 FY26, sharply worse than the ₹3.93 lakh loss in H1 FY25. Net worth has been fully eroded, sitting at negative ₹181.39 lakhs with other equity at negative ₹536.39 lakhs. The statutory auditor flagged a material uncertainty related to going concern, noting accumulated losses have wiped out the company's net worth. Operating cash flow turned negative at ₹7.96 lakhs versus a positive ₹122.60 lakhs a year ago, and cash balance fell to just ₹3.02 lakhs.
This is a deeply negative filing for shareholders. With zero revenue, fully eroded net worth, auditor-flagged going concern doubts, and mounting losses, the company's survival depends on uncertain future software development and fund-raising plans. The stock carries high risk and the filing suggests serious financial distress.