Board approves Q1 FY27 results, recommends new statutory auditor
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Board approved unaudited Q1 FY27 results for the quarter ended June 30, 2026. Revenue from operations rose to Rs 8.26 lakh from Rs 7.57 lakh in Q1 FY26. Loss after tax narrowed to Rs 2.50 lakh from Rs 5.55 lakh in the year-ago quarter. Full year FY26 loss stood at Rs 6.02 lakh. Auditor issued an unmodified limited review opinion. Board recommended appointing M/s S R V & Associates as new statutory auditors, subject to shareholder approval. 40th AGM scheduled for September 25, 2026.
Loss-making firm shows narrowing quarterly losses and modest revenue growth. Change of statutory auditor is a notable governance event to watch.