Key Financial Figures (Amounts in ₹ Lakh)
Profit & Loss Statement (Quarter Ended June 30, 2026):
- Revenue from operations: ₹0.00
- Other income: ₹258.30
- Total Revenue: ₹258.30
- Total Expenses: ₹309.86 (Employee benefits: ₹8.49, Finance Costs: ₹0.11, Other expenses: ₹301.26)
- Profit before tax: (₹51.55)
- Tax expense: ₹0.00
- Profit/(Loss) for the period: (₹51.55)
- Total Comprehensive Income: (₹51.55)
- Earnings per equity share (Basic & Diluted): (₹0.08)
Comparative Figures:
- Profit for Q1 FY2026 (June 30, 2025): ₹57.71 lakh (EPS: ₹0.17)
- Profit for Q4 FY2026 (March 31, 2026): ₹33.14 lakh (EPS: ₹0.05)
- Profit for Full Year FY2026: ₹244.46 lakh (EPS: ₹0.39)
Capital Structure:
- Paid-up Equity Share Capital (Face Value ₹10): ₹6,340.41 lakh
- Number of shares outstanding: 63,404,100
Auditor's Review Report
DDS & ASSOCIATES, Chartered Accountants (FRN: 126971W), issued a qualified conclusion on the review of the unaudited standalone financial results. The basis for qualification includes:
1. TDS Compliance Issues:
- Tax deducted at source on interest expenses remained unpaid to the appropriate authorities as of June 30, 2026.
- Non-compliance regarding TDS on Salary/Managerial Remuneration of ₹6.00 lakh where no TDS was deducted for the period.
- TDS compliances for FY 2025-26 are still pending.
- The auditor could not determine consequential liabilities, interest, penalties, or statutory consequences arising from this non-payment.
2. Non-recognition of Interest Income:
- The company did not recognize/provide interest income on loans and advances aggregating ₹697.47 lakh during the period ended June 30, 2026.
- No loan agreements or contractual documents were made available to determine the applicable interest rate and terms.
- The auditor could not quantify the interest income that should have been recognized or its impact on financial results.
3. Previous Year Income Recognition:
- The company accounted for interest income of ₹9.41 lakh which relates to FY 2025-26, potentially overstating current period income.
The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.
Management and Signatory
Vishal Jethalal Nayak, Managing Director (DIN: 11048209), signed the submission on behalf of the board of directors.