Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Welterman International approved unaudited financial results for the quarter ended June 30, 2025. The company reported zero revenue from operations, with only Rs 5.26 lakhs in other income (mostly rent). Total expenses stood at Rs 6.30 lakhs, resulting in a net loss of Rs 1.04 lakhs (improved from Rs 1.79 lakhs loss in Q1 FY25). The full-year FY25 ended with a loss of Rs 15.41 lakhs. Management explicitly noted that the company has had no commercial operations for several years and is currently earning only rental income. EPS stood at Rs (0.02) for Q1 FY26. The statutory auditors issued an unqualified limited review report.
This is a micro-cap company with no active business operations and continued losses, raising going concern concerns. Shareholders should note the lack of commercial activity, dependence on rental income, and persistent losses - the stock is likely highly illiquid and speculative.