Please find enclosed Audited Financial Results for quarter and half year ended 31/03/2026.
Awaiting price reaction for this filing.
South Asian Enterprises Ltd reported total income of ₹71.60 lakh for FY2025-26, up from ₹67.90 lakh in the prior year. Revenue from operations grew to ₹36.05 lakh from ₹25.06 lakh, a ~44% increase. However, the company remains in loss with a net loss after tax of ₹15.30 lakh for the year, compared to a massive net loss of ₹333.53 lakh in FY25 — a significant improvement. The loss before tax for the year was ₹11.46 lakh. Operating cash flow turned negative at ₹(25.37) lakh. The statutory auditor gave an unmodified (clean) opinion, and no going concern issues were raised. Two new senior appointments were approved: Shri Tej Bhan Gupta as Managing Director and Shri Anupam Mehrotra as Whole-Time Director, both effective September–October 2026.
Despite a cleaner balance sheet and improved profitability compared to FY25 (which had large exceptional impairment items), the company continues to post losses and negative operating cash flows, which are red flags for investors. The clean audit opinion provides some comfort.