Newspaper Advertisement for an Audited Financial Result of the Company for the Quarter and Year Ended on March 31, 2026
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Yash Innoventures Limited (formerly Redex Protech Limited) has published its audited financial results for the quarter and year ended March 31, 2026. The company reported minimal total income of Rs. 5.21 lakhs for Q4 FY26 and Rs. 50.83 lakhs for the full year, down significantly from Rs. 155.19 lakhs in the previous year. The company posted a net loss of Rs. 86.49 lakhs for Q4 and a larger loss of Rs. 446.21 lakhs for FY26, compared to losses of Rs. 255.44 lakhs in the previous year. EPS stood at Rs. -2.78 for the full year. The company's reserves are negative at Rs. -807.08 lakhs, indicating accumulated losses. The board approved these results at its meeting held on May 12, 2026.
The company continues to incur losses with sharply declining revenues, suggesting very limited business operations. Negative reserves raise concerns about financial health and going concern assumptions. Shareholders should exercise caution given the deteriorating financial position.