Unaudited Financial Result for the quarterly and period ended September 2024
Awaiting price reaction for this filing.
Shri Krishna Prasadam Limited has re-adopted unaudited financial results for several past quarters (Sept 2023 through June 2025) in a board meeting held on January 2, 2026, with a significant reporting delay. The company reported zero revenue from operations across all periods, confirming that 'no business activity' was performed. It posted a loss of Rs. 2.51 lakhs in Q2 FY25, widening from Rs. 0.25 lakhs in Q2 FY24, and a half-year loss of Rs. 34.86 lakhs versus Rs. 0.25 lakhs in the prior year period. Total assets slipped from Rs. 1,366.34 lakhs to Rs. 1,331.97 lakhs, and other equity fell from Rs. 256.79 lakhs to Rs. 221.93 lakhs. Cash on hand is critically low at just Rs. 0.77 lakhs, and operating cash flow was negative at Rs. (2.97) lakhs for H1 FY25. The auditor issued an unqualified limited review report.
This is a deeply negative signal for shareholders — the company is operationally dormant with no revenue, mounting losses, and near-empty cash reserves, raising serious concerns about business viability. The unusual re-adoption of multiple old quarters also raises governance and disclosure-quality red flags that may weigh on investor confidence.