The outcome of the Board Meeting held on 18th May 2026 in which audited financial results for the half year and year ended 31st March 2026 are approved, is hereby attached
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Pyxis Finvest Ltd, an NBFC listed on BSE SME platform, reported a net loss of Rs. 1.10 crore for the year ended 31st March 2026, compared to a profit of Rs. 0.33 crore in the previous year. Total revenue marginally increased to Rs. 1.54 crore from Rs. 1.48 crore, but total expenses nearly quadrupled to Rs. 2.95 crore from Rs. 0.75 crore. For the second half-year alone, the company reported a loss of Rs. 0.91 crore. The statutory auditor Bharat Gupta & Co. issued an unmodified (clean) opinion on the financial statements. Total equity declined from Rs. 19.89 crore to Rs. 18.78 crore due to the loss. The company also recognized Rs. 0.55 crore income from recovery of previously written-off NSEL losses.
The company has swung from profit to significant loss with expenses growing disproportionately to revenue. Shareholders should note the sharp deterioration in profitability and declining equity base, though the clean audit opinion provides some comfort on financial statement reliability.