Key Financial Figures

Quarter Ended December 31, 2023:

  • Income From Operations: ₹0.00
  • Other Income: ₹0.00
  • Total Income: ₹0.00
  • Total Expenses: ₹0.70 lakhs
  • Finance Cost: ₹0.42 lakhs
  • Other Expenses: ₹0.70 lakhs
  • Net Loss Before Tax: ₹(0.78) lakhs
  • Tax Expense: ₹0.00
  • Net Loss for the Period: ₹(0.78) lakhs
  • Basic EPS: ₹(0.17)
  • Diluted EPS: Not specified

Nine Months Ended December 31, 2023:

  • Total Income: ₹0.00
  • Total Expenses: ₹3.17 lakhs
  • Net Loss Before Tax: ₹(3.17) lakhs
  • Net Loss for the Period: ₹(3.17) lakhs

Comparative Periods:

  • Quarter Ended September 30, 2023: Net Loss of ₹(1.45) lakhs
  • Quarter Ended December 31, 2022: Net Loss of ₹(0.69) lakhs
  • Year Ended March 31, 2023: Net Loss of ₹(2.28) lakhs (Audited)

Dates of Action

  • Board Meeting Date: February 14, 2024
  • Meeting Time: 4:00 PM to 5:00 PM
  • Financial Period: Quarter and Nine Months ended December 31, 2023

Parties Involved

  • Stock Exchange: BSE Limited
  • Statutory Auditors: P.D. Agarwal & Co., Chartered Accountants
  • Managing Director: Vishal Garg (DIN: 00792099)

Accounting Policies

  • Financial results prepared in compliance with Indian Accounting Standards (Ind AS)
  • Company adopted Ind AS from financial year commencing April 1, 2017
  • Comparative figures including reconciliation to Total Comprehensive Income for the quarter ended December 2023 furnished by Management

Limited Review Report

Statutory auditors conducted limited review and reported that nothing came to their attention causing them to believe that the Statement:

  • Has not been prepared in all material respects in accordance with Ind AS
  • Has not disclosed information required by Regulation 33
  • Contains any material misstatement

Additional Information

  • Paid-up equity share capital: ₹4.61 lakhs (Face Value of ₹10 per share)
  • Reserves (excluding Revaluation Reserve) as per previous year's audited balance sheet: ₹10.34
  • The results have been reviewed by the Audit Committee and approved by the Board of Directors
  • Previous period figures have been regrouped/reclassified for comparability

Financial Impact

Company reported consistent zero operational income across all reported periods with continuing net losses. No quantification of future financial impact provided.