Dear Sir/ Madam, Please find attached Financial Results for the quarter and year ended 31st March, 2026.
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Technojet Consultants Limited reported a net loss of ₹10.87L for FY2025-26, a sharp reversal from a profit of ₹3.73L in the prior year. Revenue from operations dropped to zero (from ₹12L), while total income fell to ₹3.14L from ₹15.25L. Employee costs doubled to ₹4.15L and other expenses rose slightly to ₹8.83L. A significant other comprehensive income of ₹178.52L from equity instrument disposal (net of tax ₹160.52L) boosted total comprehensive income to ₹149.65L. The auditor issued an unmodified opinion. The company changed auditors from Kalyaniwalla & Mistry LLP to Manek & Associates for FY2025-26. The board recommended a dividend of ₹87 per share despite the loss.
Zero operating revenue is a major red flag; the company appears to be surviving on investment income and asset sales. The recommended dividend out of retained earnings may not be sustainable. The strong cash position (₹202.95L) provides short-term runway but the business model needs scrutiny.