Result for the quarter ended September 30, 2025
Awaiting price reaction for this filing.
Talwalkars Better Value Fitness Ltd reported zero revenue from operations for Q2 FY26 (July-September 2025), with a net loss of Rs 269.85 lakhs. The company incurred only depreciation expenses of Rs 269.85 lakhs during the quarter. The company emerged from liquidation in November 2024 when new management took control, and subsequent to quarter-end, the NCLT granted a Relief Order (February 2026) extinguishing all pre-transfer liabilities, cancelling existing equity share capital, and providing immunity under Section 32A of IBC. The company has adopted Fresh Start Accounting and is seeking SEBI approvals and trading resumption on BSE/NSE. Total assets stand at Rs 26,647.89 lakhs with negative other equity of Rs 1,395.59 lakhs.
The company has no operating revenue and continues to post losses post-revival. The going concern status carries material uncertainty pending regulatory approvals and trading resumption. Existing shareholders face potential dilution as the NCLT order cancelled existing equity capital.