The financial results for the Half Year ended 30.09.2025
Awaiting price reaction for this filing.
Silicon Valley Infotech Ltd submitted its unaudited H1 FY26 results to BSE and Calcutta Stock Exchange. The company reported a loss before tax of Rs 16.37 lacs for the half year ended 30 September 2025, wider than the Rs 10.12 lacs loss in the same period last year. Other Equity remains deeply negative at Rs (1,345.23) lacs, though marginally improved from Rs (1,356.93) lacs a year ago, against share capital of Rs 1,296.90 lacs. A long-pending dispute with REC Ltd (since 2001) was settled, and shares returned by REC (mostly without market value, valued at Rs 0.00001 lacs per share) were booked under 'Miscellaneous Income'. The auditor, Agarwal Sanganeria & Co., issued a clean (unmodified) limited review report. Related party transactions with three group entities (Niharika India Ltd, Sheetal Farms Ltd, Blue Chip India Ltd) were disclosed and confirmed at arm's length.
The company continues to post losses with fully eroded net worth, which is a structural concern despite the clean auditor sign-off. Shareholders should note the weak financial position and that the company operates only in the financial services segment at a very small scale.