Outcome of the Board Meeting held on 14th August, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shrydus Industries Ltd (formerly VCK Capital Market Services Ltd) on 14th August 2025 approved its Q1 FY26 unaudited financial results along with a clean limited review report from Rajesh H. Gupta & Co. For the quarter ended 30th June 2025, the company reported NIL revenue on a standalone basis, against Rs. 451.25 lakhs in the same quarter last year. The company swung to a net loss of Rs. 7.06 lakhs in Q1 FY26, compared to a profit of Rs. 4.94 lakhs in Q1 FY25. Consolidated figures similarly show zero revenue and a Rs. 7.06 lakh loss. The auditor flagged that the company has not recognised any deferred tax asset due to uncertainty around future revenue and earnings. The company operates in a single segment of commodity trading, and no investor complaints were pending as of 30th June 2025.
The complete absence of revenue in Q1 FY26 and the swing to a loss signal a sharp deterioration in business activity, which is likely to weigh negatively on the stock. Investors should watch for signs of revival in commodity trading operations in the coming quarters, as recurring zero-revenue quarters could raise going-concern questions.