Please find the enclosed Audited Financial Results for Quarter and Financial Year Ended March 31,2026 in compliance with Regulation 33 of SEBI LODR Regulations,2015
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Oscar Global Ltd reported zero revenue from operations for FY26, continuing its dormant status with minimal other income of Rs. 14.43 Lakhs (down from Rs. 15.51 Lakhs in FY25). The company posted a net loss of Rs. 11.16 Lakhs, significantly improved from Rs. 21.06 Lakhs loss in the prior year due to reduced expenses (Rs. 25.59L vs Rs. 36.57L). However, operating cash flow remained deeply negative at Rs. 36.99 Lakhs, and cash reserves declined to Rs. 53.76 Lakhs from Rs. 86.53 Lakhs. The company has seen a complete change in promoter shareholding (100%) and board composition in April 2026, with new management pledging future business plans. Despite auditors issuing an unmodified opinion, they drew attention to the company's lack of significant revenue-generating operations and reliance on the going concern basis.
The company continues to operate with no core business and deteriorating cash position, raising substantial going concern risks despite the change in ownership and management. Shareholders should closely monitor the new management's promised business revival plans.