Submission of un-audited financial results of the Company for quarter ended 30.06.2025
Awaiting price reaction for this filing.
Interworld Digital Limited has reported its unaudited standalone results for the quarter ended 30 June 2025. Total income stood at just Rs 0.18 lac, sharply lower than Rs 0.97 lac in the same quarter last year, an over 80% decline. Total expenses came in at Rs 5.89 lac, leading to a net loss of Rs 5.89 lac for the quarter, wider than the Rs 4.71 lac loss in Q1 FY25. For the full year FY25, the company posted a loss of Rs 22.24 lac on revenue of Rs 2.88 lac. The auditor issued a qualified conclusion and emphasis of matter, flagging concerns including a past fraud by the ex-MD who allegedly diverted the company's business and intellectual property, disputed ROC fees of Rs 55.97 lac, outstanding statutory dues of Rs 1.91 crore since FY10, default on a Kotak Mahindra vehicle loan, unpaid BSE listing fees since FY19, and unconfirmed debit/credit balances.
The stock is effectively a non-operating, loss-making shell with negligible revenue, mounting liabilities, unresolved fraud, and regulatory non-compliance. Existing shareholders face high risk with no visible business recovery plan, and the small-float, low-priced nature of the stock makes it vulnerable to sharp moves on any news.