Pursuant to regulation 30, 33 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to captioned subject, we wish ....
Awaiting price reaction for this filing.
Sankhya Infotech Ltd reported zero revenue from operations for FY2026 ended March 31, 2026, same as the previous year. The company posted a net loss of Rs. 359.47 lakhs compared to a loss of Rs. 404.57 lakhs in FY2025, showing a 11% improvement in losses year-on-year. Total income was merely Rs. 0.10 lakhs from other income. The statutory auditor issued an unmodified opinion but raised a material uncertainty about the company's ability to continue as a going concern, citing ongoing losses and no revenue generation. The auditor also drew attention to the NCLT-approved resolution plan implementation, including share capital reduction and merger of Gwebitsol Private Limited into the company. EPS stood at Rs. -0.74 per share.
The stock faces significant headwinds as the company has no operating revenue and continues to burn cash through depreciation (Rs. 444.36 lakhs) and other expenses. The auditors' going concern warning signals serious liquidity and operational challenges, though the unmodified opinion and improving loss trend may provide some comfort to investors. The resolution plan implementation is critical for the company's survival.