RESULTS- UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2025
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Regal Entertainment & Consultants reported a loss of Rs. 18.26 lakhs in Q1 FY26, swinging from a small profit of Rs. 0.47 lakh in the same quarter last year. Total income from operations rose sharply to Rs. 33.16 lakhs versus Rs. 2.16 lakhs in Q1 FY25, but expenses ballooned to Rs. 51.42 lakhs largely because of a Rs. 34.49 lakh BSE penalty/fine expense. The auditor (DBS & Associates) flagged an Emphasis of Matter stating they could not verify Rs. 18.73 lakhs of investments as management did not provide demat statements. The Board also approved a new statutory auditor (Rajesh Raj Gupta & Associates LLP) for a 5-year term, increased authorised share capital from Rs. 9 crore to Rs. 14 crore, and set the 33rd AGM for 23 September 2025.
Short-term impact is negative as the company slipped into a loss driven by a one-time BSE penalty, though the bulk of the penalty has been waived. Investors should note the auditor's inability to verify a portion of investments and the upcoming change in statutory auditor, which warrants close scrutiny of future filings.