Financial results for the quarter ended 31.12.2024
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Unipro Technologies Limited reported zero revenue from operations for Q3 FY25 (Oct-Dec 2024) as well as for the nine months ended December 2024, indicating the company is currently not generating business income. Other income was also nil. Total expenses stood at ₹2.07 lakhs in Q3 FY25, slightly lower than ₹3.78 lakhs in Q3 FY24, mainly comprising employee costs (₹0.53 lakhs) and other expenses (₹1.48 lakhs). The company posted a net loss of ₹2.07 lakhs for the quarter (vs ₹3.75 lakhs loss in Q3 FY24) and ₹5.93 lakhs loss for nine months FY25, a notable improvement from the ₹11.71 lakhs loss in the same period last year. Full-year FY24 had a much larger loss of ₹79.49 lakhs. EPS was negative at ₹(0.03). The auditor issued a clean, unqualified limited review report with no qualifications.
The company continues to be a non-operating entity with no business revenue, which is a serious red flag for shareholders. While quarterly losses have narrowed, the absence of any income generation raises questions about the company's future viability and business direction.