Submission of aun-audited financial results (standalone and consolidated) for the quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
Vasudhagama Enterprises (formerly Ozone World Ltd) reported a near-total collapse in operating revenue for Q2 FY26. Standalone revenue from operations fell to zero from Rs 551 lakh a year ago, while consolidated revenue dropped to just Rs 9.93 lakh from Rs 1,431.31 lakh. Other income of Rs 19.01 lakh (standalone) and Rs 19.01 lakh (consolidated) was the only meaningful income source this quarter. Standalone profit after tax for Q2 was Rs 4.38 lakh (vs Rs 42.22 lakh), and consolidated PAT was Rs 2.64 lakh (vs Rs 14.04 lakh). For the half-year, standalone PAT was Rs 11.12 lakh and consolidated PAT was Rs 22.81 lakh, down sharply from Rs 86.13 lakh and Rs 163.53 lakh respectively. The auditor (Shweta Jain & Co LLP) issued an unmodified review opinion. The balance sheet shows zero borrowings and total equity of around Rs 121.75 crore, though consolidated operating cash flow for H1 was negative at Rs -52.27 lakh, ending with just Rs 9.39 lakh in cash.
The near-total disappearance of operating revenue is a serious red flag, even though the company remains technically profitable on paper due to other income and has no debt. Shareholders should expect continued pressure on the stock and may want to watch for clarity on whether the trading business is being wound down, restructured, or if this is a temporary pause. Negative operating cash flow against negligible revenue raises questions about near-term business viability.