The Board of Directors in their meeting held today, have taken on record the Unaudited Financial Results for the quarter ended on 30th September, 2025 and others matters.
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The Board approved the unaudited financial results for the quarter and half year ended 30 September 2025. The company reported zero revenue from operations and total income for Q2 FY26 as well as H1 FY26, against Rs. 19.18 lakh in the previous full year (FY25). It posted a loss of Rs. 2.25 lakh for Q2 FY26 and Rs. 7.37 lakh for H1 FY26 (H1 FY25 loss was Rs. 7.50 lakh), with EPS of Rs. (0.09) for the half year. Total equity is deeply negative at Rs. (243.43) lakh on accumulated losses of Rs. 1,082.84 lakh, with Rs. 368.13 lakh in short-term borrowings. Operating cash flow was negative at Rs. 8.34 lakh, partly funded by Rs. 7 lakh of fresh short-term borrowings. The company itself disclosed it has huge accumulated losses and is not engaged in any gainful economic activity. The Board also appointed Mr. Abhijeet Goswami as Additional Non-Executive Director and as Chief Financial Officer effective 1 November 2025.
This is a distressed micro-cap with no revenue, negative book value, mounting losses and a self-acknowledged lack of going concern — shareholders should treat the stock as high-risk and speculative. The management appointments do not address the core issue of business inactivity.