Q1 FY25 Results: Revenue Crashes 99.5%, Net Loss of ₹382.61L, Multiple Compliance Lapses

Board approved delayed Q1 FY25 (June 30, 2024) standalone results. Revenue from operations collapsed to just ₹4.52L from ₹1,000.59L YoY (~99.5% decline). Company swung from a profit of ₹101.08L to a net loss of ₹382.61L. Auditor flagged an Emphasis of Matter and noted: company website inactive, GST/PF/ESIC records unavailable, inventory not found physically, no gratuity provision, no ECL provision, and a ₹116.11L loan to a Director violating Section 185 of Companies Act, 2013. Statutory dues remain unpaid.