Results for the quarter and half year ended 30.09.2024
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Unipro Technologies reported a loss of ₹3.86 lakhs for the half year ended September 2024, compared to a full-year loss of ₹259.27 lakhs for FY24 (which included a ₹179.78 lakh impairment charge). Revenue from operations was nil, indicating the company is not generating any business income. Total expenses were only ₹3.86 lakhs for the period, consisting mostly of employee benefits and other overheads. The balance sheet shows negative net worth of ₹(58.06) lakhs, with accumulated losses of ₹666.55 lakhs far exceeding share capital of ₹608.49 lakhs. Total borrowings stand at ₹345.25 lakhs (current + non-current), up sharply from prior period. Cash balance is critically low at just ₹0.75 lakhs, while operating cash flow was negative at ₹(49.56) lakhs. The auditor (M M Reddy & Co.) issued a clean, unqualified limited review conclusion.
This is a financially distressed micro-cap company with negative equity, near-zero cash, no operating revenue, and ongoing losses — material going-concern red flags for shareholders. The stock is highly risky; survival likely depends on continued related-party funding (₹63.79 lakh received this half year from related-party borrowings).