Unaudited financial results for the quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
Taaza International Limited reported zero revenue from operations and no other income for both Q2 FY26 and H1 FY26, marking a complete halt in business activity. The company posted a net loss of Rs. 13.42 lakhs for the quarter and Rs. 13.67 lakhs for the half-year, versus Rs. 0.25 lakhs and Rs. 1.32 lakhs respectively in the year-ago periods. The balance sheet shows severe stress: total equity turned deeply negative at Rs. (928.14) lakhs compared with Rs. 700.96 lakhs as at March 2025, and total assets collapsed from Rs. 1,081.39 lakhs to just Rs. 11.77 lakhs. Share capital was reduced sharply from Rs. 725.81 lakhs to Rs. 28.67 lakhs, indicating a likely capital reduction exercise. EPS for H1 FY26 stood at Rs. (0.19). The auditor (Boppudi & Associates) issued an unmodified limited review conclusion, though the financials themselves flag serious going-concern risks.
The stock is in deep financial distress with no revenue, mounting losses, negative shareholder equity, and a near-empty balance sheet — a clear going-concern situation that poses significant risk to shareholders. Trading should be treated with extreme caution given the company appears non-operational.