The unaudited financial results for quarter ended 30th June 2025 along with Limited review report issued by M/s. H G Sarvaiya & Co.
Awaiting price reaction for this filing.
Olympic Management & Financial Services Ltd reported weak Q1 FY26 results with revenue from operations of Rs 2.60 lacs, up from Rs 1.18 lacs in Q1 FY25, but total income fell to Rs 5.03 lacs from Rs 7.22 lacs YoY. The company posted a loss before tax of Rs 4.08 lacs, swinging from a profit of Rs 1.50 lacs in Q1 FY25, after booking an exceptional item of Rs 2.16 lacs. Total expenses stood at Rs 6.95 lacs, mainly driven by other expenses of Rs 6.50 lacs. EPS for the quarter came in at negative Rs 0.014 per share. The company's other equity remains deeply negative at Rs (174.06) lacs against a paid-up capital of Rs 300.66 lacs, indicating accumulated losses far exceeding shareholders' contributions. The auditor M/s H G Sarvaiya & Co. issued an unmodified limited review report with no qualifications.
Negative for shareholders — the company remains loss-making, reserves are wiped out, and EPS continues to be negative, though the small absolute size of losses and clean auditor opinion limit immediate concerns. The deeply negative reserves warrant close monitoring for any going concern issues ahead.