The Board approved and took on record the following items:
1. Unaudited Financial Results of the Company for the quarter ended June 30, 2026
2. Limited Review Report for the quarter ended June 30, 2026
The company's statutory auditors, R.K. Chandak & Co, conducted a limited review of the unaudited standalone financial results in accordance with Standard on Review Engagement (SRE) 2410. Their review report, dated August 13, 2026, concluded that nothing came to their attention that causes them to believe the statement contains any material misstatement.
Financial Results Highlights (Standalone)
Revenue Performance:
- Total Revenue (I+II): Negative ₹3.73 lakh for Q1 FY27 (3 months ended June 30, 2026)
- Revenue from Operations: Negative ₹3.00 lakh (all from Other Operating Revenue; Sales of Products was nil)
- Other Income: ₹0.73 lakh
Comparative Figures:
- Q1 FY26 (3 months ended June 30, 2025): Total Revenue of ₹18.84 lakh
- Q4 FY26 (3 months ended March 31, 2026): Total Revenue of ₹5.52 lakh
Expense Breakdown:
- Total Expenses: ₹7.51 lakh for Q1 FY27
- Employee Benefit Expenses: ₹3.40 lakh
- Depreciation and Amortization: ₹0.08 lakh
- Other Expenses: ₹3.95 lakh
- Finance Cost: Nil
- Cost of Materials Consumed: Nil
- Purchase of Traded Goods: Nil
- Changes in Inventories: Nil
Profit/Loss:
- Profit/(Loss) before exceptional items and tax: Negative ₹11.24 lakh
- Profit/(Loss) before tax: Negative ₹11.24 lakh (no exceptional items)
- Tax Expense: Negative ₹2.35 lakh (Current Tax: Nil; Deferred Tax: Negative ₹2.35 lakh)
- Profit/(Loss) for the period: Negative ₹8.89 lakh
- Other Comprehensive Income: Negative ₹0.02 lakh
- Total Comprehensive Income: Negative ₹8.91 lakh
Earnings Per Share:
- Basic & Diluted EPS: Negative ₹0.33
Capital Structure:
- Paid-up Equity Share Capital: ₹12.95 lakh (Fully Paid Up shares of ₹10 each)
Notes to Financial Results
1. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.
2. The format complies with SEBI Circulars CIR/CFD/CMD/15/2015 dated November 30, 2015, and CIR/CFD/FAC/62/2016 dated July 5, 2016.
3. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026.
4. Steps are being taken to obtain confirmation for balances of receivables, advances, and payables as of June 30, 2026.
5. Balance confirmation certificates of various banks were made available for auditor verification.
6. Deferred tax assets/liabilities have neither been ascertained nor accounted for in the books as of June 30, 2026, and will be considered at year-end.
7. Figures of previous periods have been reclassified/recast wherever necessary to conform to current period's classification.
Emphasis of Matter
The auditor's report included an emphasis on matter regarding deferred tax assets/liabilities not being ascertained or accounted for in the books as of June 30, 2026. The auditor's conclusion was not modified in respect of this matter.