Outcome of the Board the quarter/half year ended 30/09/2025
Awaiting price reaction for this filing.
Oscar Global Limited's board, at its meeting on 12 November 2025, approved the unaudited financial results for Q2 and H1 FY26 (ended 30 September 2025), along with the Limited Review Report from statutory auditor D.V. Mittal & Co., which was clean with no qualifications or modified opinion. The company reported nil revenue from operations (as confirmed in the notes — IND AS-18 not applicable) and only other income of Rs. 3.24 lakh in Q2 (vs Rs. 4.65 lakh in Q1 FY26 and Rs. 3.43 lakh in Q2 FY25), with H1 FY26 other income at Rs. 7.89 lakh. The company posted a net loss of Rs. 3.34 lakh in Q2 FY26 and Rs. 6.43 lakh for H1 FY26 (EPS of negative Rs. 0.20), continuing its loss-making streak from FY25 (full-year loss of Rs. 21.06 lakh). Operating cash flow remained deeply negative at Rs. (22.91) lakh for H1 FY26, and cash balance fell to Rs. 65.33 lakh from Rs. 86.53 lakh at the start of the year, while other equity is negative at Rs. (37.41) lakh, reflecting accumulated losses.
The results point to continued financial weakness — no operating revenue, persistent losses, negative operating cash flow, and eroded shareholder equity (negative reserves). For shareholders, this is a bearish signal: without a clear path to revenue or profitability, the company's ability to sustain operations depends on its dwindling cash pile and other non-operating income, raising concerns for long-term viability though the auditor has not flagged any going-concern issue.