- Approved Un-Audited Financial Results for the quarter and nine months ended 31st December, 2025. - Noting of the Limited Review Report for the Un-Audited Financial Results for the ....
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The Board approved un-audited financial results for the quarter and nine months ended 31st December 2025. Revenue from operations is reported as nil across all periods, while other income fell sharply to Rs 6.73 lakhs for 9M FY26 from Rs 135.97 lakhs in 9M FY25. The company swung to a net loss of Rs 36.26 lakhs for 9M FY26, compared to a profit of Rs 96.04 lakhs in the same period last year, with a loss per share of Rs 0.70 vs Rs 1.86 earnings earlier. Statutory auditor V. Singhi & Associates issued an un-modified opinion but flagged an Emphasis of Matter on the new Labour Codes effective 21 November 2025, whose financial impact is still under evaluation. The Board also re-appointed Mr. Hiren U. Sanghavi as General Manager and M/s. Jignesh Raithatha & Associates as Internal Auditors for FY27.
The absence of operating revenue and the swing to a loss signal continued weakness in core business activity, which is likely to weigh on investor sentiment. However, reserves remain positive at Rs 93.70 lakhs and no going-concern flag was raised by auditors, suggesting stability concerns are limited for now.