SUBMISSION OF UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31.12.2025
Awaiting price reaction for this filing.
Interworld Digital reported a loss of ₹6.43 lakh in Q3 FY26 (Oct–Dec 2025) and ₹18.31 lakh for the 9-month period, against a meagre income of just ₹1.06 lakh in the quarter (down from ₹2.70 lakh in the previous quarter and ₹2.88 lakh a year ago). The company effectively has no revenue from operations because its entire business and intellectual property were allegedly fraudulently shifted by the past MD to entities he controlled. The statutory auditor issued a Qualified Conclusion, flagging five issues: the MD fraud, ₹1.91 crore in unpaid statutory dues (Service Tax/TDS/Professional Tax) since FY 2009-10, a pending writ petition over differential ROC fees on authorised capital increase, no expected credit loss provision on debtors, and ₹1.47 crore in undisclosed unquoted investments. The company has not paid BSE annual listing fees since 2018-19, faces trade-for-trade settlement restrictions, and has defaulted on a Kotak Mahindra vehicle loan of ₹5.35 lakh.
This is a deeply distressed micro-cap stock with no operating business, mounting losses, a qualified auditor opinion, multiple statutory and loan defaults, and unresolved corporate governance issues — making it extremely high risk for retail investors.