Announced Tue, 4 Aug · 14:35 IST
Q1 FY27 loss at Rs 1.67 cr; convertible warrants lapse, Rs 3.92 cr forfeited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-18.2%1-day move
₹42.75
prior close
₹35.99
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-5.0-5.0-5.0-18.2-20.6-24.3-25.5-27.5-27.3-25.1-24.9——
Up moveDown movePending
AI summary
The company reported Q1 FY27 loss of Rs 1.67 crore versus profit of Rs 1.67 crore in Q1 FY26. Revenue was largely flat at Rs 12.59 crore versus Rs 12.68 crore. Expenses rose sharply, with employee costs doubling and other expenses spiking. Separately, 66 lakh convertible warrants allotted in Feb 2025 lapsed as allottees (Khokhani family members) failed to convert by 3 Aug 2026. The 25 percent upfront amount of Rs 3.92 crore stands forfeited.
Likely market impact
Weak quarterly results and lapsed warrants raise dilution concerns; forfeiture adds Rs 3.92 crore to reserves.