Announced Tue, 12 Aug · 18:42 IST

Board Approved the Unaudited financial results for the quarter ended 30.06.2025

Management Changes View source PDF

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AI summary

Thakral Services India reported unaudited results for Q1 FY26 (quarter ended June 30, 2025), with revenue from operations rising sharply to Rs. 1,433 lakhs from Rs. 556 lakhs in the same quarter last year. Total revenue stood at Rs. 1,548 lakhs versus Rs. 3,677 lakhs year-on-year (note: prior year figures include pre-transfer operations). The net loss for the quarter narrowed to Rs. 7.51 lakhs from Rs. 10.18 lakhs in Q1 FY25, with EPS of (0.06). The company has accumulated losses of Rs. 1,275.67 lakhs, fully eroded net worth, and the auditor flagged a material uncertainty on going concern. The current business has already been transferred to Thakral Innovation Pvt Ltd from October 2023. The board also re-appointed Mrs. Nirmala Sridhar as Managing Director and fixed the AGM for FY24-25 on September 26, 2025.

Likely market impact

Despite a strong jump in quarterly revenue, the stock remains a high-risk bet as net worth is wiped out and the auditor has raised a going-concern qualification. Shareholders should watch the AGM and any new business plans closely, as the core operating business now sits in a related entity.