Q1 FY27 results show zero revenue and Rs 5.23 lakh loss; director changes
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On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 2.3 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved Q1 FY27 unaudited results: zero revenue from operations, loss of Rs 5.23 lakh (Q1 FY26 loss was Rs 5.51 lakh). Total expenses Rs 5.23 lakh, mainly employee costs and other expenses. Saraswati Purohit appointed Additional Director; Hetal Dave resigned as Independent Director citing other commitments. AGM set for 21 September 2026. Auditor gave an unqualified limited review report.
Company remains loss-making with no operational revenue. Director changes appear routine. Watch AGM for any revival plans.