Outcome of Board Meeting held on 26-05-2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board approved standalone and consolidated audited financial results for FY ended March 31, 2026. Standalone revenue dropped sharply to Rs 34.60 lakhs from Rs 444.19 lakhs in the prior year (92% decline). The company reported a standalone loss of Rs 0.73 lakhs, significantly improved from Rs 393.71 lakhs loss in FY25. On a consolidated basis, the company reported a loss of Rs 48.59 lakhs after absorbing Rs 47.86 lakhs loss from associate company Teknopoint Mercantile Company Pvt Ltd. Total assets stood at Rs 1,362.21 lakhs with equity of Rs 1,361.36 lakhs. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
While the company has significantly reduced losses on standalone operations compared to the previous year, the massive revenue decline and consolidated losses driven by the associate company's poor performance signal continued operational challenges. The clean audit opinion and strong balance sheet (minimal liabilities) provide some comfort to investors.