Financial Results (₹ in Lakh)
Income Statement Highlights:
- Total Income: ₹0.90 lakh for Q1 FY2027 (June 30, 2026), consisting entirely of Other Income
- Revenue from Operations: ₹0.00 lakh (no revenue generated from operations)
- Employee Benefits Expenses: ₹1.12 lakh
- Other Expenses: ₹2.87 lakh
- Total Expenses: ₹3.99 lakh
- Exceptional Items (Income): ₹(3.09) lakh
- Net Loss after Tax: ₹(3.09) lakh for Q1 FY2027
- Earnings Per Share (Basic): ₹(0.14) per share of face value ₹10 each (not annualized)
Comparative Performance:
- June 30, 2025: Net Loss of ₹(1.35) lakh
- March 31, 2026: Net Loss of ₹(4.84) lakh (unaudited)
- Year Ended March 31, 2026: Net Loss of ₹(14.50) lakh (audited)
Balance Sheet Position:
- Paid-up Equity Share Capital: ₹220.84 lakh (face value ₹10 per share)
- Reserves (excluding Revaluation Reserve): Negative ₹1523.26 lakh as of June 30, 2026
Key Notes and Additional Information
Operational Status:
Note 3 explicitly states: "Currently company's Plant is not in operation."
Accounting Standards:
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS), specifically Ind AS 34 - Interim Financial Reporting, adopted from April 1, 2017.
Review and Approval Process:
- The results were reviewed by the Audit Committee
- Approved by the Board of Directors on August 13, 2026
- Accompanied by a Limited Review Report from Bhogilal C. Shah & Co., Chartered Accountants (Firm Regn. No. 101424W)
Limited Review Report Findings:
Bhogilal C. Shah & Co. conducted their review in accordance with Standard on Review Engagements (SRE) 2410. Their report states: "Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results... has not disclosed the information required to be disclosed in terms of Regulation 33... or that it contains any material misstatement."