Revised Results for the Quarter end 30/06/2025
Awaiting price reaction for this filing.
Suryachakra Power Corporation Limited reported zero revenue from operations for Q1 FY26 (June 2025), with other income of Rs. 2 lakhs. The company recorded a net loss of Rs. 3.83 lakhs for the quarter, compared to a loss of Rs. 2.86 lakhs in the previous quarter. Total expenses stood at Rs. 5.83 lakhs, primarily driven by depreciation of Rs. 5.83 lakhs. The company stated it has not yet started any business operations. The statutory auditor issued a modified conclusion due to ongoing liquidation proceedings initiated by NCLT in September 2022, though the company was sold as a going concern to Indo Aquatics Limited (assigned to Reddy Investments Private Limited) with the sale certificate issued in June 2023.
The company remains in a transitional phase with no operating revenue and continuing losses. The ongoing liquidation and takeover process creates significant uncertainty for shareholders, though the going concern sale provides some stability.