Outcome of the Board meeting for the financial results for the quarter ended 30/06/2025
Awaiting price reaction for this filing.
Oscar Global Limited's Board approved the unaudited financial results for Q1 FY26 on 25 July 2025. The company reported zero revenue from operations, with total income of Rs 4.65 lakh coming entirely from 'Other Income' (vs Rs 3.45 lakh in Q1 FY25). Total expenses were Rs 7.74 lakh, slightly lower than Rs 8.05 lakh in the year-ago quarter. The company posted a net loss of Rs 3.09 lakh, narrower than the Rs 4.60 lakh loss in Q1 FY25, translating to an EPS of Rs (0.09). For the full year FY25, the loss widened sharply to Rs 21.06 lakh from Rs 7.45 lakh in FY24. The Statutory Auditors (D.V. Mittal & Co.) issued a clean Limited Review Report with no qualifications or modified opinion.
The company continues to report losses with no operating revenue, which is a concern for shareholders despite the modest quarterly loss narrowing. The sharp jump in full-year FY25 losses signals ongoing operational stress, and the absence of any core business income raises questions about the company's revenue outlook.