Financial Results Overview

Quarter Ended March 31, 2026:

  • Total Income: ₹(19.37) lakhs (negative income)
  • Total Expenses: ₹19.23 lakhs
  • Loss before tax: ₹(38.60) lakhs
  • Tax expense: ₹(9.32) lakhs (income tax expenses for earlier year)
  • Net loss for the quarter: ₹(29.28) lakhs
  • Basic and diluted EPS: ₹(0.38) per share

Year Ended March 31, 2026:

  • Total Income: ₹90.82 lakhs
  • Total Expenses: ₹59.39 lakhs
  • Profit before tax: ₹31.43 lakhs
  • Tax expense: ₹8.17 lakhs (current year provision)
  • Net profit for the year before other comprehensive income: ₹23.26 lakhs
  • Other comprehensive income: ₹(159.34) lakhs (loss on valuation of shares)
  • Total comprehensive income for the year: ₹(136.08) lakhs
  • Basic and diluted EPS: ₹(0.27) per share

Statement of Assets and Liabilities

As at March 31, 2026:

  • Total Assets: ₹386.88 lakhs (compared to ₹399.69 lakhs as at March 31, 2025)
  • Non-current assets: ₹146.20 lakhs (including non-current investments of ₹9.00 lakhs and long-term loans/advances of ₹137.14 lakhs)
  • Current assets: ₹3,722.63 lakhs (including current investments of ₹3,660.56 lakhs, trade receivables of ₹23.31 lakhs, and cash/cash equivalents of ₹5.13 lakhs)
  • Equity: ₹366.92 lakhs (share capital of ₹500.00 lakhs and reserves/surplus of ₹3,169.19 lakhs)
  • Non-current liabilities: ₹147.05 lakhs (provisions)
  • Current liabilities: ₹52.60 lakhs (trade payables of ₹7.54 lakhs and provisions of ₹45.05 lakhs)

Cash Flow Statement

For Year Ended March 31, 2026:

  • Profit before taxes: ₹31.43 lakhs
  • Operating profit after working capital changes: ₹(35.28) lakhs
  • Provision for current tax: ₹8.17 lakhs
  • Net cash used in operating activities: ₹(12.02) lakhs
  • No cash flows from investing or financing activities
  • Net cash flow for the period: ₹(12.02) lakhs

Key Notes and Disclosures

1. The financial results were approved by the Board on 29th May, 2026

2. Previous period figures have been restated/regrouped for comparability

3. Income tax provision of ₹8,17,176/- made for the year ended 31st March 2026

4. Contingent liability: Income tax demand of ₹19,17,040/- for AY 2012-13 pending appeal proceedings

5. Transfer of ₹4,65,161/- to Special Reserve representing 20% of current year's profit of ₹23,25,805/-

Audit Opinion

N.R. Krishnamoorthy & Co., Chartered Accountants (FRN: 0014928) issued an unmodified opinion on the audited financial results, confirming they give a true and fair view in conformity with Indian Accounting Standards and comply with SEBI Listing Regulations requirements.