Results for the quarter ended 30.06.2023
Price
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Awaiting price reaction for this filing.
Unipro Technologies Limited has finally filed its unaudited results for Q1 FY24 (quarter ended 30 June 2023), more than six months late, following a Securities Appellate Tribunal order that reinstated the company's listing on BSE after it was previously delisted/suspended. The company reported negligible revenue (around Rs 0.08 lakh in the quarter, based on the figures shown) and a net loss of Rs 2.55 lakh for the quarter, slightly improved from a Rs 3.64 lakh loss in the preceding quarter but still loss-making. For the full year ended 31 March 2023, the company posted a loss of Rs 11.63 lakh on essentially no operating revenue. The statutory auditor V. Ravi & Co. issued a clean limited review report with no qualifications. The company is engaged only in IT and software services and has no separate reportable segments.
The stock is effectively non-tradeable as the company works to get its BSE suspension revoked, so this delayed filing has little immediate price impact. However, shareholders should note the company is consistently loss-making with virtually no revenue, raising serious concerns about its going-concern status despite the clean auditor's report.