Board Meeting outcome - Unaudited Financial Results for the Quarter ended June 30, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Skyline Ventures India Ltd reported zero revenue from operations and zero other income for Q1 FY26, continuing the trend from prior periods. Total expenses rose sharply to Rs 19.76 lakhs from Rs 4.18 lakhs in the same quarter last year, driven by new employee benefits of Rs 6.43 lakhs and higher other expenses of Rs 13.26 lakhs. The company posted a loss after tax of Rs 19.74 lakhs versus Rs 4.17 lakhs a year ago, with basic EPS at Rs (0.50) versus Rs (0.11). Statutory auditors K S Rao & Associates issued an unmodified limited review report. A notable related-party disclosure: BSE listing fees of Rs 7.47 lakhs for prior years were paid by Wilmer Technologies LLP and recognized in the current quarter. The company also announced a registered office shift within Hyderabad.
With no revenue and widening losses, the company is burning cash purely through expenses, raising concerns about its operational viability. Shareholders should note the persistent losses and the related-party arrangement with Wilmer Technologies LLP, which suggests reliance on affiliated entities to meet listing and compliance costs.