Refer attached document
Awaiting price reaction for this filing.
HCKK Ventures Ltd reported a net loss of Rs 98.16 lakhs for FY2025-26, a sharp reversal from a net profit of Rs 22.03 lakhs in FY2024-25. Total income dropped to Rs 35.72 lakhs from Rs 68.87 lakhs, while expenses surged to Rs 142.77 lakhs from Rs 39.39 lakhs. Revenue from operations fell to Rs 15.05 lakhs from Rs 57.65 lakhs. The company incurred a cash loss of Rs 71.91 lakhs this year (vs. nil previously) and shareholders' funds declined to Rs 340.59 lakhs from Rs 438.75 lakhs. Other Equity turned negative at Rs -30.41 lakhs. The auditors issued an unmodified opinion but drew attention to a Rs 69.88 lakh write-off related to the withdrawal of a proposed merger with Softlink Global Private Limited and Ivolove Holdings Private Limited. The company repaid all outstanding borrowings during the year.
The company swung to a significant loss with negative equity and cash outflows from operations, signalling financial stress. The merger write-off and surging expenses raise concerns about operational sustainability despite the clean audit opinion.