The Unaudited Financial Results for the quarter and half year ended on 30th September, 2024, along with the Limited Review Report issued by the statutory auditor of the Company;
Awaiting price reaction for this filing.
Kome-On Communication Ltd has filed its unaudited standalone results for Q2 and H1 FY25 (ended 30 September 2024), approved by the board on 23 February 2026. The company's total assets stand at just Rs. 1.13 lakhs, almost entirely cash, with no fixed assets, inventory, or trade receivables. Equity is negative at Rs. (12.74) lakhs — other equity is Rs. (151.46) lakhs against share capital of Rs. 150.08 lakhs — meaning accumulated losses wipe out share capital. The company reported a loss before tax of Rs. (1.02) lakhs for H1 FY25, narrower than the Rs. (5.35) lakhs loss in the prior-year period but still negative. The auditor (Jitendra Chandulal Mehta & Co.) issued an unqualified limited review report.
The company appears effectively non-operational with near-zero assets, negative book equity, and continued losses, raising serious solvency concerns for shareholders despite the clean auditor's review. Investors should treat this as a high-risk, possibly dormant counter with limited trading liquidity.