Outcome of the Board Meeting held today and Financial Results for the period ended Jun 2025
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The Board of Shree Rajiv Lochan Oil Extraction approved its unaudited financial results for the quarter ended 30 June 2025. The company reported zero revenue from operations, with all income coming from 'Other Income' of ₹8.98 lakh (vs ₹5.30 lakh in Q1 FY25). Total expenses stood at ₹4.87 lakh, yielding a profit before tax of ₹4.11 lakh and profit after tax of ₹3.61 lakh (EPS of ₹0.09). For the full year ended 31 March 2025, the company had posted a loss of ₹12.68 lakh with zero operating revenue. The statutory auditor (Milind Nyati & Co.) issued a clean limited review report with no qualifications.
The company continues to generate no revenue from its core oil extraction business and remains entirely dependent on 'other income' to stay marginally profitable. While Q1 FY26 shows a small profit, the FY25 full-year loss and absence of operating revenue raise concerns about the long-term viability of the business. Shareholders should watch for any signs of operational revival or restructuring.