We wish to inform you that the Board of Directors of the Company at its Meeting held today has: 1. Approved the Audited Financial Statements of the Company for the year ended March 31, ....
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The company reported a net loss of ₹5.44 lakhs for FY2026, compared to a loss of ₹2.73 lakhs in FY2025, representing a deterioration in performance. Revenue from operations was zero, with the company relying entirely on other income of ₹19.68 lakhs (down from ₹21.06 lakhs last year, a 6.5% decline). Total expenses stood at ₹20.16 lakhs against total income of ₹19.68 lakhs. The company swung from a profit before tax of ₹2.58 lakhs to a loss of ₹0.48 lakhs. Cash flow from operations was negative at ₹(16.81) lakhs, compared to ₹(47.26) lakhs in the prior year. The Board did not recommend any dividend. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
The company continues to struggle with losses and negative operating cash flows, though the loss-making position has marginally improved year-on-year. Zero operating revenue raises concerns about business sustainability. Shareholders should monitor if the company can return to profitability in FY2027.