September quarter loss of Rs 1.13 lakh; NCLT approves resolution plan
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VXL reported no operating revenue for the September 2026 quarter and Rs 5.42 lakh of other income. Total expenses were Rs 6.54 lakh, causing a Rs 1.13 lakh net loss and EPS of minus Rs 0.01. For the half year, revenue was Rs 6.99 lakh and the loss was Rs 8.20 lakh, with EPS of minus Rs 0.06. The auditor could not verify one bank balance of Rs 95,733, so gave no conclusion. NCLT approved the resolution plan on September 9, 2026.
Zero sales, Rs 1.13 lakh loss and auditor disclaimer raise risk; negative equity at Rs 539 lakh. Plan approval helps, but merger work is pending.