BSEUnipro Technologies LtdMediumNeutral
Announced Mon, 23 Jun · 15:22 IST

Results for the quarter ended 30.06.2023

Pat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.