The Board has approved in its meeting held on 14th Aug, 2025, the Financials results for the Quarter ended on 30th June, 2025 and Auditors has issued a limited review report thereon.
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Perfect-Octave Media Projects Ltd reported weak Q1 FY26 results, with revenue from operations falling sharply to Rs 7.28 lakhs from Rs 16.80 lakhs in Q1 FY25 — a drop of about 57% year-on-year. The company widened its loss to Rs 15.91 lakhs versus Rs 11.42 lakhs in the same quarter last year, translating to a loss per share of Rs (0.05) compared with Rs (0.03) earlier. The Board also disclosed a serious internal-control issue: a hard disk crash and loss of the SDD accounting software, meaning this quarter's entries could not be recorded in the software (only backup data from prior quarters is available). Total expenses were Rs 23.19 lakhs against total income of just Rs 7.28 lakhs. Statutory auditors Gupta Raj & Co. issued an unqualified limited review report on the results.
Continued losses, a steep revenue decline, and a data-loss/IT failure disclosure point to serious operational and governance weaknesses, which is likely to weigh negatively on investor sentiment and the stock in the near term.