Outcome of Board meeting held today i.e. 22nd May, 2026, considered and approved the Audited Financials for the Financial Year ended 31 March 2026 along with the audit report.
Awaiting price reaction for this filing.
Wisec Global Ltd's Board approved audited financial results for FY 2025-26. The company reported total revenue of Rs 3.30 Lakhs (up from NIL), but continued to incur a net loss of Rs 19.81 Lakhs, improving from Rs 25.69 Lakhs loss in the previous year—a loss reduction of approximately 23%. Total expenses stood at Rs 23.11 Lakhs. The balance sheet shows severely negative other equity of Rs 1,206.87 Lakhs, indicating accumulated losses. The statutory auditor MKRJ & Co. issued an unmodified (clean) opinion on the financial statements, with no going concern qualifications or emphasis of matter paragraphs noted. The company has no outstanding qualified borrowings and no defaults on loans or debt securities.
The company remains loss-making with deeply negative reserves, raising concerns about financial health. However, the narrowing of losses and clean audit opinion provide some comfort. The stock (scrip code: 511642) may see limited reaction given already distressed financials.