Unaudited financial results for the quarter and half year ended 30th september 2025
Awaiting price reaction for this filing.
Popees Cares Limited reported nil revenue from operations for Q2 FY26 and H1 FY26, with a net loss of Rs 10.89 lakhs for the quarter (vs Rs 8.92 lakhs loss in Q2 FY25) and Rs 17.08 lakhs for the half year (vs Rs 14.02 lakhs in H1 FY25). Total expenses for H1 FY26 stood at Rs 17.08 lakhs, slightly up from Rs 14.02 lakhs a year ago. The balance sheet shows deeply negative net worth of Rs (81.69) lakhs, as accumulated losses of Rs 686.12 lakhs have wiped out the paid-up capital of Rs 604.43 lakhs. Operating cash flow for the half year was negative at Rs (0.65) lakhs. Management itself flagged a going concern risk in its notes, citing dependence on promoter funding and future revenue. Separately, the board approved a name change to 'Goodies International Ltd,' accepted the resignation of Mr. Sivadas Chettoor, and appointed Mr. Swaroj Kumar Choudhury as an Independent Director for five years.
Shareholders are staring at continued losses with negative net worth, making this a high-risk stock whose survival hinges on promoter capital infusion and fresh revenue; the proposed name change and board revamp suggest a strategic reset but execution risk remains significant.