Board of Directors in their meeting held on Thursday, November 13, 2025 interalia considered and approved financial results for the quarter and hald year ended September 30, 2025 along ....
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Shikhar Consultants Ltd, classified as an NBFC, reported zero revenue from operations and zero other income for the quarter and half year ended September 30, 2025. The company posted a loss of Rs. 2.88 lakh in Q2 FY26, an improvement from the Rs. 5.06 lakh loss in the previous quarter, but the H1 FY26 loss widened to Rs. 7.94 lakh compared to Rs. 6.97 lakh in H1 FY25. Loss per share stood at Rs. -0.06 for the quarter and Rs. -0.18 for the half year. Total expenses were Rs. 2.88 lakh for Q2 and Rs. 7.94 lakh for H1, mostly comprising employee benefit expenses and other overheads. Total assets stood at Rs. 2.93 crore, with negative other equity of Rs. -2.79 crore, indicating accumulated losses have eroded shareholder funds below the Rs. 4.54 crore share capital. Cash flow from operations was negative at Rs. -8.67 lakh for H1 FY26.
The company continues to make losses with no operational revenue and a negative net worth, which is a serious red flag for shareholders. Existing investors face ongoing dilution of value while potential investors should exercise extreme caution given the going-concern risks.