Financial Results Overview

The statement of unaudited financial results includes:

  • Profit/(Loss) before Extraordinary items and tax: ₹5.32 lakh for the current quarter
  • Comparative figures: ₹8.80 lakh for corresponding quarter of previous year, (₹1.86 lakh) for previous quarter

Audit Methodology and Scope

The review was conducted by S K Bhavsar & Co., Chartered Accountants (Firm No. 145880W) in accordance with:

  • Standard on Review Engagement (SRE) 2410 issued by ICAI
  • Regulation 33 of SEBI Listing Regulations
  • Ind AS 34 "Interim Financial Reporting" prescribed under Section 133 of Companies Act, 2013

The review provides moderate assurance and is substantially less in scope than a full audit.

Emphasis of Matter - Audit Qualifications

The auditor highlighted several significant qualifications:

Pending Verifications:

  • Trade Receivables balances as of balance sheet date are pending comprehensive verification
  • Trade Payables balances require confirmation from external parties
  • All Loans and Advances (including deposits made or received) need verification through direct confirmations and reconciliation with ledger records

GST Compliance Issue:

  • The company did not have a GSTN during the audit period
  • Revenue from goods sales requires specific GST-related verification
  • Auditor performed alternative procedures including vouching of sales and purchase invoices with supporting documents

Investment Documentation:

  • Reliable value and supporting documents relating to investments were not presented to auditors
  • Auditor relied upon management representations and management letter regarding investments

Financial Statement Preparation Basis

  • Prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of Companies Act, 2013
  • Follows Companies (Indian Accounting Standards) Rules, 2015, as amended
  • Complies with SEBI guidelines and generally accepted accounting principles
  • Figures for previous periods have been rearranged/regrouped for comparability

Segment Reporting

  • No reportable segments qualify for separate disclosure as per relevant Ind AS
  • Management believes segment information beyond reportable segments would not be useful to users

Approval Process

  • Financial results reviewed by Audit Committee and approved by Board of Directors
  • Approval date: July 28, 2026
  • Managing Director signed the results (DIN: 0B72m85a)

Company Registered Office

8-408, Titanium Heights, Opposite Vodafone House, Corporate Road, Prahlad Nagar, Makarba, Ahmedabad, Gujarat - 380015