Pursuant to Regulation 30 and 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that the ....
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Awaiting price reaction for this filing.
Viksit Engineering filed a corrigendum to its board meeting outcome, submitting the complete audited standalone financial results for the quarter and year ended 31 March 2025. The company resumed operations during FY25, reporting net sales of ₹139.64 lakhs (FY24: nil) and total income of ₹205.45 lakhs. However, net loss widened sharply to ₹(184.51) lakhs from ₹(95.63) lakhs in FY24, with EPS at ₹(74.10). Net worth is deeply negative at ₹(285.63) lakhs, and total assets collapsed from ₹217.18 lakhs to ₹61.19 lakhs. The company had been under Corporate Insolvency Resolution Process (CIRP) since December 2023; NCLT approved the resolution plan on 11 February 2025, and management control was formally handed back to the promoters (Kushal and Ruchika Chaturvedi) on 25 July 2025. The statutory auditor issued an unmodified opinion but explicitly flagged a going concern doubt due to continuous losses, lack of regular operations, and eroded net worth.
Despite the CIRP resolution and new management taking charge, the deeply negative net worth, widened losses, and auditor's going concern warning mean the stock remains a high-risk, small-cap bet. The resumption of revenue is a positive sign, but shareholders should watch closely for sustained operational improvement and any equity infusion before drawing comfort.