UN-AUDITED FINANCIAL RESULTS The Board of Director have considered and approved the Un-Audited Financial Results along with Limited Review Report thereon for quarter ended on June 30th, ....
Awaiting price reaction for this filing.
The Board approved the unaudited standalone financial results for Q1 FY26-27. Revenue from operations collapsed to ₹16.73 lakhs, down roughly 91% from ₹177.58 lakhs in the same quarter last year. Profit after tax shrank to just ₹6.49 lakhs versus ₹175.34 lakhs YoY, while the previous full year (FY25-26) ended in a loss of ₹300.40 lakhs. The auditor (VRSK & Associates) issued a Limited Review Report carrying an 'Emphasis of Matter,' flagging that interest on loans given and taken has not been provided in the books, and noting the results were not fully prepared in line with IND AS requirements. Total expenses of ₹10.24 lakhs were reported against revenue of ₹16.73 lakhs. The filing also confirms Regulation 32 (use of issue proceeds) is not applicable as the company has not made any public/rights/preferential issue.
A near-total revenue collapse, a prior full-year loss, and an auditor emphasis-of-matter flagging unprovided interest on loans point to serious operational and financial-reporting concerns. This is likely to weigh negatively on the stock and warrants close investor scrutiny.