Financial Results Overview

The company reported a net loss of ₹20.69 lakh for the quarter ended June 30, 2026, compared to a net loss of ₹8.04 lakh in the corresponding quarter of the previous year (Q1 FY26) and a net loss of ₹5.35 lakh in the immediate previous quarter (Q4 FY26).

Revenue Performance

  • Income from Operations: Zero (both net sales and other operating revenue)
  • Other Income: ₹0.51 lakh
  • Total Income: ₹0.51 lakh

Expense Breakdown

Total expenses for the quarter amounted to ₹21.21 lakh, consisting of:

  • Finance Cost: ₹1.18 lakh
  • Depreciation and amortization expense: ₹2.76 lakh
  • Other expenses: ₹17.27 lakh
  • Cost of materials consumed, purchase of stock-in-trade, changes in inventories, and employee benefit expense: All zero

Profitability Metrics

  • Profit/(Loss) before tax and extraordinary items: (₹20.69) lakh
  • Tax expense: Zero (both current and deferred tax)
  • Earnings Per Share (EPS): Basic and diluted EPS stood at (₹0.75)

Balance Sheet Position

  • Paid-up equity share capital: ₹138.83 lakh (face value ₹5 each)
  • Other Equity: Not specified for current quarter
  • Auditor's note: Company's total liabilities exceed total assets by ₹93.47 lakh

Auditor's Review Report

Vatsaraj & Co. (Firm Registration No: 111327W), represented by CA Jwalant S Buch (Partner, M. No. 039033), issued a review report on the quarterly unaudited financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Material Uncertainty on Going Concern

The auditor highlighted a material uncertainty regarding the company's ability to continue as a going concern. The company's total liabilities exceeded its total assets by ₹93.47 lakh, and its ability to continue operations is dependent on future operations and availability of substantial financial support. The auditor's conclusion was not modified in respect of this matter.

Comparative Figures

The comparative financial information for the quarter ended June 30, 2025, was audited by predecessor auditors who expressed an unmodified opinion in their report dated August 12, 2025.

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • No investor complaints were pending at the beginning of the quarter, received during the quarter, or pending at the end of the quarter
  • The statement was prepared in accordance with Ind AS 34 specified under Section 133 of the Companies Act, 2013
  • Results are available on the company's website at www.aecl.net.in