The board transacted the following business:

1. Approved and signed the minutes of the previous meeting.

2. Discussed and approved the audited financial results for the financial year ended 31st March 2026.

3. Noted that the peer review certificate of the statutory auditor, L.N. Malik & Co. (New Delhi), is under process.

Financial Results (Standalone)

(All figures in Rupees Lacs)

Quarterly Performance (Q4 FY26 ended March 31, 2026)

  • Revenue From Operations: ₹13.26
  • Other Income: ₹25.71
  • Total Income: ₹38.97
  • Total Expenses: ₹22.23
  • Changes in inventories: ₹10.05
  • Employee benefits expense: ₹6.32
  • Depreciation and amortisation: ₹0.41
  • Other expenses: ₹5.46
  • Profit/(Loss) before tax: ₹16.73
  • Tax expense: ₹0.00
  • Profit/(Loss) for the period: ₹16.73
  • Total Comprehensive Income for the period: ₹16.73
  • Earnings Per Share (Basic and Diluted): ₹0.33

Annual Performance (FY26 ended March 31, 2026)

  • Revenue From Operations: ₹13.26
  • Other Income: ₹26.81
  • Total Income: ₹40.07
  • Total Expenses: ₹-31.87 (negative, indicating net credit)
  • Profit/(Loss) for the period: ₹-31.87 (loss)
  • Total Comprehensive Income for the period: ₹-31.87 (loss)
  • Earnings Per Share (Basic and Diluted): ₹-0.63 (loss)

Comparative Figures

Preceding Quarter (Q3 FY26 ended December 31, 2025 - Unaudited)

  • Total Income: ₹0.99
  • Profit/(Loss) for the period: ₹-8.84 (loss)
  • EPS: ₹-0.17 (loss)

Year-Ago Quarter (Q4 FY25 ended March 31, 2025 - Audited)

  • Total Income: ₹0.00
  • Profit/(Loss) for the period: ₹-25.48 (loss)
  • EPS: ₹-0.50 (loss)

Previous Year (FY25 ended March 31, 2025 - Audited)

  • Total Income: ₹0.75
  • Profit/(Loss) for the period: ₹-86.37 (loss)
  • EPS: ₹-1.71 (loss)

Note on Going Concern

The company disclosed that it has incurred losses which have resulted in the erosion of its net worth. The management plans to diversify into other lines of business to improve the financial position by infusing funds through directors and a proposed loan from a financial institution against its property. Consequently, the company continues to prepare its financial statements on a going concern basis.