This is to inform you that the Board of Directors of the Company at its meeting held today i.e. 14th August, 2025 at the registered office of the company wherein Board of Directors has ....
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Prashant India Ltd's board approved its Q1 FY26 standalone results along with the limited review report from statutory auditor Ashish Bhoola & Co., which was clean and unqualified. Total income from operations rose about 32% to Rs 7.00 lakhs (vs Rs 5.32 lakhs in Q1 FY25), driven by other operating income of Rs 6.14 lakhs and a small revival in net sales (Rs 0.86 lakhs vs nil). The net loss narrowed to Rs 6.81 lakhs from Rs 10.87 lakhs a year ago, with total expenses falling to Rs 13.81 lakhs. On the balance sheet, however, the company carries deeply negative reserves of Rs (3,751.62) lakhs, resulting in negative total equity of Rs (3,328.08) lakhs, while short-term borrowings stand at Rs 3,460.59 lakhs against total assets of just Rs 257.98 lakhs. Cash and equivalents improved marginally to Rs 106.20 lakhs with positive operating cash flow of Rs 3.97 lakhs for the quarter.
The narrowing loss and revenue pickup are mildly positive, but the deeply eroded net worth and borrowings nearly 13x total assets signal serious balance sheet stress for shareholders. The stock remains a high-risk, small-cap situation pending any restructuring or fresh equity infusion.