BSEProgrex Ventures LtdHighNeutral
Announced Thu, 13 Aug, 2026 · 18:33 IST
Progrex Ventures Q1 FY27 loss widens to Rs 1.83 lakh, zero revenue
Price reaction
Awaiting price reaction for this filing.
AI summary
Progrex Ventures (formerly Progressive Extractions & Exports) reported a net loss of Rs 1.83 lakh for Q1 FY27 ended June 30 2026, wider than the Rs 1.56 lakh loss in Q1 FY26. Revenue from operations was zero, with total income of just Rs 0.10 lakh from other income against expenses of Rs 1.93 lakh. The company itself states 'No Business Activities during this quarter.' Full year FY26 loss was Rs 14.39 lakh. Debt-equity ratio is 1.5. Auditor issued an unqualified limited review report.
Likely market impact
Continued losses with zero operating revenue point to a non-operational status. Shareholders should watch for revival of business activity or any restructuring steps.