BSESecUR Credentials LtdHighNeutral
Announced Fri, 17 Apr, 2026 · 20:31 IST
Q1 FY25 Results: Revenue Crashes 99.5%, Net Loss of ₹382.61L, Multiple Compliance Lapses
Going-concern doubtEmphasis of matterRevenue declinedNet loss reportedRelated-party transactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
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.
Likely market impact
Severe red flags — near-total revenue collapse, mounting losses, governance and compliance failures; stock likely to face sharp negative reaction.