Key Financial Figures - Profit & Loss (Year Ended 31st March 2026)

  • Total Income from operations: ₹8.46 lakhs (Previous year: ₹9.80 lakhs), consisting entirely of Other Operating Income.
  • Total Expenses: ₹22.85 lakhs (Previous year: ₹5.43 lakhs), comprising:
  • Other Expenses: ₹5.44 lakhs (Previous year: ₹4.73 lakhs)
  • Legal and professional charges: ₹17.42 lakhs (Previous year: ₹0.70 lakhs)
  • Finance Cost: ₹0.01 lakh (Previous year: ₹0.04 lakh)
  • Net Loss before tax: ₹(14.40) lakhs (Previous year: Profit of ₹4.33 lakhs)
  • Tax expense: Nil for both current and deferred tax (Previous year: Nil)
  • Net Loss after tax: ₹(14.40) lakhs (Previous year: Profit of ₹4.33 lakhs)
  • Earnings Per Share (Basic & Diluted): ₹(0.10) (Previous year: ₹0.03)
  • Paid-up equity share capital: ₹1,497.56 lakhs (Face Value ₹10/- per share), unchanged from previous year.
  • Reserves: ₹(1,727.33) lakhs (Previous year: ₹(1,712.93) lakhs)

Quarterly Financial Performance

  • Q4 FY26 (31.03.2026): Net Loss of ₹(12.31) lakhs on income of ₹2.56 lakhs
  • Q4 FY25 (31.03.2025): Net Loss of ₹(0.51) lakhs on income of ₹3.91 lakhs
  • Q3 FY26 (31.12.2025): Net Loss of ₹(0.03) lakhs on income of ₹2.28 lakhs

Cash Flow Statement Analysis (Year Ended 31st March 2026)

  • Net cash from operating activities: ₹(90.20) lakhs outflow (Previous year: ₹204.46 lakhs inflow)
  • Net cash from investing activities: ₹86.20 lakhs inflow from sale of investments (Previous year: ₹(200.00) lakhs outflow from investment purchases)
  • Net cash from financing activities: Nil (Previous year: Nil)
  • Net decrease in cash & cash equivalents: ₹(4.00) lakhs (Previous year: Increase of ₹4.46 lakhs)
  • Closing Cash and Cash Equivalents: ₹0.56 lakhs (all in scheduled banks - current accounts and fixed deposits) (Previous year: ₹4.56 lakhs)

Audit Opinion and Compliance

  • Auditor: Girotra & CO., Chartered Accountants (FRN: 025056N)
  • Audit Opinion: Unmodified opinion stating financial statements give true and fair view in conformity with Indian Accounting Standards (Ind AS)
  • The financial results were reviewed by the Committee of Creditors
  • Necessary certificate/report in respect of results in terms of Regulation 33 of SEBI LODR has been placed before the Board of Directors
  • The company operates in a single segment

Internal Financial Controls

  • Auditors expressed an unmodified opinion on the adequacy and operating effectiveness of the company's internal financial controls over financial reporting as at March 31, 2026.

Pending Litigations and Contingencies

  • Income Tax: Undisputed statutory dues not deposited include income tax for assessment year 2018-2019 amounting to ₹144,89,470.
  • Value Added Tax: DVAT department raised demands for FY 2012-13 (₹10,94,822) and FY 2013-14 (₹25,383). The company is in process of appeal with DVAT appellate authority, Zonal Delhi.
  • The company has disclosed the impact of pending litigations on its financial position.

Other Regulatory Matters

  • The company has not accepted any deposits during the year.
  • No fraud by the company or material fraud on the company by its officers or employees has been noticed or reported during the year.
  • The company has paid/provided managerial remuneration in accordance with requisite approvals.
  • The company has complied with Sections 177 and 188 of the Companies Act, 2013 for related party transactions.
  • No preferential allotment or private placement of shares or debentures during the year.
  • No non-cash transactions with directors or persons connected to directors.