Un-Audited Financial Results(Standalone) For the quarter and half year ended September 30, 2025
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PFL Infotech reported zero revenue from operations for both Q2 FY26 and H1 FY26, continuing its dormant operational state. The company posted a net loss of Rs. 2.71 lakhs in Q2 FY26 (vs Rs. 2.12 lakhs loss in Q2 FY25) and Rs. 44.92 lakhs loss for H1 FY26, almost four times the Rs. 11.59 lakhs loss in H1 FY25. Total equity has turned deeply negative at Rs. -36.76 lakhs (from Rs. 8.18 lakhs as of March 2025) with reserves at Rs. -784.57 lakhs, and total assets have collapsed from Rs. 38.52 lakhs to Rs. 1.46 lakhs. On the governance front, Managing Director P Amresh Kumar and CFO S. Harish both resigned citing 'preoccupation', and Parmanand Chand (husband of existing Director Kiriti Chand) was appointed as the new Managing Director and CFO for a five-year term.
Sharp deterioration in financials with negative net worth raises serious going-concern concerns; combined with simultaneous exit of MD and CFO and the entry of a family-connected director as the new MD/CFO, this signals heightened governance and continuity risks for shareholders.