Please find the attached outcome of Board meeting
Awaiting price reaction for this filing.
The Board of Directors of Cresanto Global Ltd approved the unaudited financial results for Q2 and H1 FY26 ending September 30, 2025, along with an unmodified limited review report from M/s. KT PS&Co. The company reported its first revenue from operations of ₹5.39 lakhs in H1 FY26, compared to nil revenue in the same period last year. However, it continued to post losses with a half-year loss of ₹10.06 lakhs (vs ₹3.43 lakhs loss in H1 FY25) and a Q2 loss of ₹0.85 lakhs. The balance sheet shows total assets of just ₹10.42 lakhs against negative net worth of ₹268.84 lakhs, with accumulated losses in reserves totalling ₹696.19 lakhs. The company carries long-term borrowings of ₹247.13 lakhs while holding only ₹0.83 lakhs in cash, and recorded negative operating cash flow of ₹9.20 lakhs for the half year.
Shareholders face a financially distressed micro-cap with negative net worth, persistent losses, negligible revenue, and negative operating cash flows. The minimal ₹5.39 lakhs revenue is nowhere near covering ongoing costs, raising serious going concern questions despite the clean auditor's review report.