This is to inform you that in pursuance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ('Listing Regulations') the Board of Directors of the ....
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Siddha Ventures Ltd reported audited financial results for FY2026. Revenue from operations declined significantly to ₹135.26 lakhs from ₹365.96 lakhs in FY2025 (about 63% drop). However, the company turned around from a massive loss of ₹2,415.30 lakhs in FY2025 to a near-breakeven loss of ₹5.13 lakhs in FY2026. The statutory auditors (Damle Dhandhania & Co) issued an unmodified opinion on the results. Cash position improved marginally with cash and cash equivalents rising from ₹6.53 lakhs to ₹31.78 lakhs. The company operates in a single segment with no exceptional items reported during the period.
The sharp revenue decline is concerning for shareholders, though the company managed to drastically reduce losses. The negative operating cash flow of ₹554.74 lakhs raises red flags about liquidity despite improved cash balances.