BSESAB Events & Governance Now Media LtdHighNeutral
Announced Thu, 13 Aug, 2026 · 12:47 IST
Q1 FY26 Results: Losses Continue, Going Concern Flag, NCLT Plan Approved
Going-concern doubtQualified audit opinionEmphasis of matterNet loss reportedNegative operating cash flowDebt to equity above the thresholdResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY26 results for quarter ended June 30, 2026. Revenue Rs 45.37 lakhs vs Rs 40.68 lakhs YoY. Loss after tax Rs 18.85 lakhs (vs Rs 24.30 lakhs). Total Equity negative at Rs 260.18 lakhs. Auditor flagged material uncertainty on going concern; current liabilities 4.04 times current assets, debt not being serviced. NCLT Mumbai approved Resolution Plan under PPIRP on July 10, 2026; capital restructuring underway.
Likely market impact
Stock remains risky. Going concern flag and ongoing losses persist. NCLT-approved Resolution Plan is being implemented; capital restructuring may impact equity.