The board of directors considered, approved and took on record the Un-Audited Standalone Financial Results along with the Auditor's Limited Review Report for the quarter ended on 30.06.2025.
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The Board of Directors approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2025 at its meeting held on August 4, 2025. Total income for Q1 FY26 was approximately Rs. 63.20 lakhs, sharply lower than around Rs. 770.83 lakhs in the year-ago quarter, indicating a steep fall in business. Profit after tax was negligible with Basic and Diluted EPS of Rs. 0.00, compared to Rs. 0.08 in Q1 FY25. The statutory auditor, S K Bhavsar & Co., issued a Limited Review Report and included an Emphasis of Matter flagging that trade receivables, trade payables, loans and advances, closing stock, and investments are pending verification, with confirmations and reconciliations yet to be completed. The company operates in a single primary segment — Event Management.
The steep revenue drop and near-zero earnings point to weak operational momentum, while the auditor's emphasis of matter on multiple unverified balance-sheet items is a red flag that may concern investors about audit quality and financial reporting reliability.