Outcome of Board meeting held on 12.08.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wagend Infra Venture's board approved unaudited results for Q1 FY26, reporting total revenue of ₹42.87 lakh, up sharply from ₹9.23 lakh in the same quarter last year, driven entirely by revenue from operations of ₹34.87 lakh (nil in Q1 FY25). However, total expenses ballooned to ₹44.58 lakh from ₹8.58 lakh, mainly due to stock-in-trade purchases of ₹34.41 lakh, indicating the company has shifted to a trading model. The company slipped back into a net loss of ₹1.70 lakh versus a small profit of ₹0.66 lakh in Q1 FY25. Basic and diluted EPS turned negative at ₹(0.004). The statutory auditors (Singhvi & Sancheti) issued a clean limited review report with no qualifications.
Despite a strong jump in top-line, the cost of buying inventory wiped out profits, leaving the small-cap stock back in the red — investors should watch whether this new trading activity generates sustainable margins in coming quarters. Shares are likely to remain thinly traded and sentiment-sensitive given the company's tiny scale.