Submission of financial statements for year ended 31st March 2026
Awaiting price reaction for this filing.
The company reported audited annual results for FY2026. Total income was Rs 18.33 Lacs, up from Rs 5.48 Lacs in prior year (revenue growth of ~134%). However, the company incurred a net loss of Rs 8.88 Lacs from continuing operations and Rs 37.29 Lacs from discontinued operations, resulting in a total comprehensive loss of Rs 45.40 Lacs for the year. Basic EPS was negative at Rs (1.51) per share. The company has negative other equity of Rs (174.06) Lacs, indicating negative net worth. Operating cash flow was negative at Rs (12.01) Lacs. The statutory auditor R K Khandelwal & Co. gave an unmodified (clean) opinion on the standalone financial results.
The company is in severe financial distress with significant losses and negative shareholders' equity. Despite revenue growth, persistent losses and negative cash flows indicate serious going concern risks for this small-cap financial services company.