OUTCOME OF BOARD MEETING
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited standalone results for Q1 FY26. Revenue from operations was nil for the quarter, the same as Q1 FY25 and Q4 FY25, meaning the company has no core business income. Total income of Rs 7.61 lakh came entirely from 'Other Income', down sharply from Rs 66.69 lakh in Q4 FY25 but slightly up from Rs 5.97 lakh in Q1 FY25. Total expenses stood at Rs 4.81 lakh, yielding a profit before tax of Rs 2.80 lakh. Net profit for the quarter was Rs 4.39 lakh (EPS Rs 0.14), compared with Rs 1.35 lakh (EPS Rs 0.04) in Q1 FY25. The statutory auditors, Shah Khandelwal Jain & Associates, issued a clean limited review report with no qualifications.
The company continues to operate without any revenue from operations, relying only on other income to generate a small profit, so the earnings bounce is not driven by any underlying business activity and is unlikely to support a sustained rally in the stock. Shareholders should view this as a low-substance result with no clear growth catalyst until operational revenue returns.