The Un-audited Financial Results on standalone basis for the quarter and half year ended 30 September 2025 were taken on record by Resolution Professional (in lieu of suspended Board of ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
VXL Instruments, which has been under the Corporate Insolvency Resolution Process (CIRP) since 26 November 2024, reported its Q2 FY26 results which were taken on record by the Resolution Professional. Revenue from operations for the quarter was Rs 0 lakhs (vs Rs 7.59 lakhs in Q1 FY26), with total revenue of just Rs 1.15 lakhs. The company posted a loss before tax of Rs 11.25 lakhs in Q2 and Rs 17.76 lakhs for H1 FY26, though this is narrower than the Rs 104.33 lakh loss in H1 FY25 which had included a Rs 654.69 lakh exceptional item. Total equity has turned negative at Rs -500.27 lakhs as of 30 September 2025, and the auditor issued a disclaimer of conclusion citing multiple unverifiable items including bank balances, GST input credit, and PP&E, while flagging a material going concern uncertainty.
Stock remains highly distressed — revenue has collapsed, equity is wiped out, and the company is under insolvency proceedings with the auditor unable to even form a conclusion on the financials. Shareholders face significant risk of dilution or total loss depending on the resolution plan outcome, and the stock is essentially in zombie territory pending CIRP resolution.