The Board of Directors of the Company at its meeting held today i.e., Friday, the 8th day of August 2025, has inter-alia, considered and approved the following: 1. Un-Audited Financial ....
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The board approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations rose to Rs. 25.95 lakhs, up about 33.7% from Rs. 19.41 lakhs in Q1 FY25. The company swung to a profit before tax of Rs. 1.94 lakhs, compared with a loss of Rs. 3.89 lakhs in the same quarter last year. Basic EPS for the quarter was Rs. 0.03 versus a loss per share of Rs. 0.06 in Q1 FY25. For full-year FY25 (audited), revenue stood at Rs. 78.98 lakhs with a net loss of Rs. 9.29 lakhs and an exceptional item charge of Rs. 0.21 lakhs. Statutory auditors M/s. Sathuluri & Co. issued an unmodified limited review report. Additionally, Mr. Srikrishna Naik was re-appointed as Managing Director for another 5-year term from 9 August 2025, subject to shareholder approval, and M/s. Atluri Ramesh & Associates was re-appointed as Secretarial Auditor for FY24-25.
The sharp swing from loss to profit and strong revenue growth in Q1 FY26 are encouraging early signs after a loss-making FY25, though the absolute revenue base remains very small. The re-appointment of the existing Managing Director provides leadership continuity but needs shareholder approval at the next general meeting.