Q1 loss widens, auditor flags going concern uncertainty
VISACHROME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Visa Chrome posted Q1 FY27 net loss of Rs 9.56 Crore versus Rs 4.33 Crore profit a year ago. Revenue fell to Rs 120.44 Cr from Rs 170.98 Cr. Auditor Singhi and Co flagged material uncertainty on going concern as net worth is fully eroded and current liabilities exceed current assets. Board approved re-designation of Mr Vishambhar Saran as Non-Executive Chairman, re-appointment of Mr Vishal Agarwal as Vice Chairman and MD for 5 years, and material related party transactions. 30th AGM set for Sept 29, 2026.
Going concern flag and fully eroded net worth signal serious financial risk. Stock may face pressure on weak Q1 results.