Results for the quarter ended 31.12.2022
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Unipro Technologies Ltd filed its unaudited results for the quarter ended December 31, 2022, more than 13 months after the period ended (signed on 02-Feb-2024), indicating a significant delay in compliance. The company reported zero revenue from operations across all periods shown, with only negligible other income (₹3 lakhs for Q4 2022). It posted a net loss of ₹2.64 lakhs for the quarter, ₹7.98 lakhs for the nine months, and ₹20.03 lakhs for the full year ended December 2022, with basic EPS of (₹0.043) for the quarter. Total expenses were minimal (₹2.64 lakhs), comprising mainly employee costs and other overheads, while paid-up equity stands at ₹608.49 lakhs. The auditor, V. Ravi & Co., issued an unmodified limited review report with no qualifications.
With zero operating revenue, recurring losses, and a filing delay of over a year, the company shows signs of severe business inactivity that shareholders should view as a major red flag. The stock carries high risk and limited visibility into any recovery or future business plans.