Un-audited financial results for the quarter ended 30th June, 2025
Awaiting price reaction for this filing.
Wisec Global Ltd reported zero revenue from operations for Q1 FY26 (Apr-Jun 2025), same as the year-ago quarter. Total expenses rose to ₹3.10 lakhs from ₹1.00 lakh a year earlier, driven mainly by finance costs of ₹1.00 lakh (vs nil earlier), employee costs of ₹0.46 lakh, and other expenses of ₹1.60 lakh. The company posted a net loss of ₹3.10 lakhs versus ₹1.00 lakh loss in Q1 FY25, with basic EPS of negative ₹0.03. The company's reserves stand at negative ₹1,187.06 lakhs against share capital of ₹1,165.01 lakhs, indicating eroded net worth. The board also approved the re-appointment of Mr. Rakesh Rampal as Whole Time Director for 3 years and an alteration to the Object Clause of the MOA to add wholesale/retail trading, import/export, and e-commerce businesses.
Shareholders should note the company continues to generate no operating revenue, is reporting widening losses, and has negative net worth, raising concerns about its ability to sustain operations without fresh capital or a successful pivot into the newly proposed trading business. The stock may remain thinly traded and high-risk.