Refer attached document
Awaiting price reaction for this filing.
HCKK Ventures reported a net loss of ₹98.16 lakhs for FY2026 compared to a net profit of ₹22.03 lakhs in FY2025. Revenue from operations declined sharply to ₹15.05 lakhs from ₹68.87 lakhs in the prior year. Other expenses surged to ₹131.62 lakhs from ₹25.94 lakhs. The company wrote off ₹69.88 lakhs due to the withdrawal of a proposed merger with Softlink Global Private Limited and Ivolve Holdings Private Limited. Cash losses of ₹71.91 lakhs were incurred during the year (first time; no cash loss in FY2025). Shareholders' equity turned negative at -₹30.41 lakhs. The auditor issued an unmodified opinion.
The stock may face selling pressure due to significant revenue decline, large losses, and negative equity. The withdrawal of the merger and write-off adds uncertainty. However, the clean audit opinion provides some comfort.