Un-Audited Standalone Financial Results for the Quarter ended 31st December 2025
Awaiting price reaction for this filing.
The company reported zero revenue from operations for Q3 FY26 and for the nine months ended December 2025, down from Rs 1.86 lakh and Rs 10.52 lakh in the same periods last year. With total expenses of Rs 17.86 lakh in the quarter and Rs 60.47 lakh in nine months, the company posted a net loss of Rs 17.86 lakh and Rs 60.47 lakh respectively, sharply worse than the Rs 12.15 lakh loss in 9M FY25. Net worth is fully eroded, with negative other equity of Rs 493.78 lakh against share capital of Rs 355 lakh. The statutory auditor flagged a material uncertainty on the company's ability to continue as a going concern, citing accumulated losses exceeding net worth. Management is banking on new software products (currently under capital work-in-progress) and possible fresh fundraising to stay afloat.
This is a severe red-flag filing: no operating revenue, ballooning losses, fully eroded net worth, and an explicit going-concern warning from auditors. Shareholders should expect heightened stock price volatility and significant risk to their investment, as the company's survival depends on uncertain future cash flows from unlaunched products.