The Board of Directors of the Company in their meeting held today interalia considered and approved Financial results for the quarter ended December 31, 2025 along with Limited Review Report thereon
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Shikhar Consultants Ltd, an NBFC, reported zero revenue from operations for Q3 FY26, consistent with prior periods. Total expenses for the quarter stood at Rs. 1.37 lakh, primarily comprising employee benefits (Rs. 90,000) and other expenses (Rs. 46,628). The company posted a net loss of Rs. 1.37 lakh for Q3 FY26, narrower than the Rs. 2.88 lakh loss in the previous quarter (Q2 FY26) but wider than the Rs. 1.03 lakh loss in Q3 FY25. For the nine months ended December 2025, the cumulative loss widened to Rs. 9.31 lakh from Rs. 8.00 lakh in the same period last year. EPS for Q3 FY26 was Rs. -0.03. The statutory auditor (BMAKS & Associates) issued an unqualified limited review report with no qualifications or emphasis of matter.
The company continues to be operationally dormant with no revenue and persistent losses funded by reserves. While losses are small in absolute terms, the absence of any business activity raises questions about the company's future operations and shareholder value.