Submission of Outcome of Board Meeting hled on Friday, 29th May, 2026
Awaiting price reaction for this filing.
Maa Jagdambe Tradelinks Limited reported audited financial results for FY 2025-26 with total income of Rs. 10.66 lakh, a significant decline from Rs. 166.42 lakh in FY 2024-25. The company posted a net loss of Rs. 7.39 lakh, though this is a major improvement from the Rs. 167.41 lakh loss in the previous year. Basic and diluted EPS improved from Rs. -0.21 to Rs. -0.01. The Balance Sheet shows deeply negative other equity of Rs. -1,676.53 lakh and total assets of only Rs. 9.66 lakh. Operating cash flow remained negative at Rs. -4.83 lakh. The Board also appointed M/s. VMRS & Co. as Internal Auditors for FY 2026-27. Statutory auditors P N S V & Co. issued an unmodified (clean) opinion on the financial statements.
The stock shows severe financial distress with negative equity and declining revenues, though losses have improved. The clean audit opinion provides some comfort, but the deeply negative equity position raises significant concerns about the company's viability as a going concern.