The Board of Directors of the Company in their meeting held on August 14, 2025 interalia considered the following: 1. Financial Results for the Quarter ended June 30, 2025 along with limited ....
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Shikhar Consultants Ltd reported its unaudited financial results for the quarter ended June 30, 2025. Revenue from operations stood at zero, unchanged from the previous corresponding quarter and the full year ended March 31, 2025. The company posted a net loss of about Rs. 5.06 lakh in Q1 FY26, wider than the Rs. 4.24 lakh loss in Q1 FY25, while employee expenses doubled to Rs. 90,000. Full-year FY25 closed with a loss of Rs. 9.09 lakh and reserves in the red at negative Rs. 2.70 crore against paid-up equity of Rs. 4.54 crore. The Board also noted a past non-compliance regarding SDD software entries for FY25 and committed to correcting it. The auditor (BMAKS & Associates) issued an unqualified limited review report.
For shareholders, this is a red flag – the company has no operating revenue, persistent losses, and negative reserves that have wiped out a large chunk of shareholders' funds. Expect continued negative sentiment on the stock and high risk until the company starts generating real business income.