Key Financial Figures (in lakhs except share data)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total Income: ₹0.00
  • Employee benefits expense: ₹0.72
  • Finance costs: ₹14.02
  • Depreciation and amortisation expense: ₹1.39
  • Other expenses: ₹10.07
  • Total expenses: ₹26.20
  • Profit before tax: (₹26.20) loss
  • Tax expense: ₹0.00
  • Profit for the period: (₹26.20) loss
  • Total comprehensive income: (₹26.20) loss
  • Paid-up equity share capital (Face value ₹10): ₹355.00
  • Earnings per equity share (Basic): (₹0.74) loss
  • Earnings per equity share (Diluted): (₹0.74) loss

Comparative Figures:

  • Quarter Ended March 31, 2026: Net loss of ₹18.42 lakh
  • Quarter Ended June 30, 2025: Net loss of ₹23.71 lakh
  • Year Ended March 31, 2026 (Audited): Net loss of ₹78.89 lakh

Material Uncertainty Related to Going Concern

The auditors' review report includes an emphasis of matter regarding a material uncertainty related to going concern. Note No. 4 of the financial statements states that the company has incurred accumulated losses as at 30 June 2026 that have fully eroded its net worth. This condition indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

Management's Assessment and Plans

Management has assessed the company's ability to continue as a going concern based on:

  • Development of new software currently carried under Capital Work-in-Progress
  • Projection that this software will generate sufficient and timely cash flows to service debts and discharge liabilities
  • Commitment to raising additional funds through infusion of funds by promoters/equity/other available means if required

The financial statements have been prepared on a going concern basis despite this material uncertainty. The realization of projected cash flows and success of software development are dependent upon future events whose outcome is inherently uncertain.

Additional Information

  • The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
  • The comparative financial result for the quarter ended March 31, 2026 represents balancing figures between year-to-date figures and third quarter figures
  • Previous period figures have been regrouped or reclassified where necessary
  • Results are available on the Bombay Stock Exchange website