The Revised Standalone And Consolidated Un-Audited Financial Results For the quarter ended on 30th June, 2025 has been attached herewith.
Awaiting price reaction for this filing.
KDJ Holidayscapes has refiled its quarterly results after BSE flagged that the company had previously attached the wrong period's results (June 2024 instead of June 2025). The board meeting on August 26, 2025 approved both the Q1 FY26 (June 30, 2025) unaudited results and the FY25 (March 31, 2025) audited annual results, along with appointment of two new independent directors and reconstitution of three board committees. The auditor (M/s. DD Shah Patel & Co.) issued a Disclaimer of Opinion on the FY25 results, being unable to verify large portions of the balance sheet due to missing confirmations and records — a situation stemming from the company's prolonged Corporate Insolvency Resolution Process (CIRP), which concluded with a Resolution Plan approved by NCLT on March 4, 2025. The company booked an Exceptional Loss of Rs. 11.97 lakh from writing off Rs. 1,932.27 lakh of assets and Rs. 1,920.30 lakh of liabilities as per the NCLT order, and reported a standalone net loss of Rs. 42.22 lakh and consolidated net loss of Rs. 73.69 lakh for FY25 against negligible total income of just Rs. 1.37 lakh.
For investors: this is a micro-cap, post-CIRP stock with effectively no operating revenue, persistent losses, and severely limited financial transparency — the auditor could not verify receivables, payables, fixed assets, bank balances or borrowings. While the new board and fresh independent directors signal governance restructuring, the underlying business remains distressed and shareholders should treat this as a high-risk, speculative situation.