Quintegra Solutions Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
Quintegra Solutions reported a net loss of Rs 1.36 lakh for FY2026, significantly worse than the previous year's loss of Rs 0.14 lakh. The company has negative shareholders' funds of Rs 1,307.65 lakh (negative net worth of over Rs 13 crore) against a share capital of Rs 2,681.38 lakh. Total assets stand at Rs 119.96 lakh. The company reported negative operating cash flow of Rs 1.59 lakh for the year. The statutory auditor issued an un-modified (clean) opinion, confirming compliance with accounting standards. Related party transactions disclosed include loans from Anukrith Securities (Rs 1.48 crore), Trusted Aerospace Engineering (Rs 9.81 crore), V Sriraman (Rs 1.43 crore), and V Shankaram (Rs 26 lakh). The auditor noted the company incurred cash losses of Rs 8.28 lakh during FY26.
The company is in financial distress with negative net worth and accumulating losses. While the auditor gave a clean opinion, the negative equity position and persistent losses are serious red flags for investors. The substantial related party borrowings also warrant scrutiny.