Financial Results (Quarter Ended June 30, 2026)
- Total Income: ₹7.36 lakhs (consisting entirely of Other Income)
- Total Expenses: ₹67.44 lakhs (breakdown: Power and Fuel ₹28.43 lakhs, Other Expenses ₹39.01 lakhs)
- Loss Before Tax: ₹60.08 lakhs
- Tax Expense: Nil
- Net Loss for the period: ₹60.08 lakhs
- Total Comprehensive Income: ₹(60.08) lakhs
- Basic and Diluted Earnings Per Share: ₹(0.90)
- Paid-up Capital: ₹667.00 lakhs (66,70,000 equity shares of ₹10 each)
Comparative Financial Performance
Vs. Previous Quarter (March 31, 2026):
- Total Income decreased from ₹828.97 lakhs to ₹7.36 lakhs
- Net Profit of ₹270.54 lakhs in previous quarter turned to Net Loss of ₹60.08 lakhs
Vs. Year Ended March 31, 2026 (Audited):
- Year-end showed Net Loss of ₹508.42 lakhs
Liquidation Process Details
- Voluntary Liquidation Process commenced effective July 14, 2025
- Equity shares suspended from trading on Bombay Stock Exchange (BSE) effective November 24, 2025
- Financial results prepared on liquidation basis (not going concern basis)
- Valuation exercise completed in December 2025
- Part of assets were e-auctioned in accordance with Insolvency and Bankruptcy Code, 2016 provisions
- Liquidator distributed funds to creditors to the extent of their respective admitted claims during February 2026
- During July 2026, Liquidator initiated process of interim distribution to equity shareholders at face value (₹10 per share)
- Liquidator is in the process of e-auctioning the remaining assets of the Company