Board Meeting Details
The Board of Directors meeting was held on Saturday, 22nd August 2026, starting at 05:15 PM and concluding at 06:00 PM. The Board approved the unaudited financial results for the quarter ended June 30, 2026, based on the recommendation of the Audit Committee.
Financial Results Overview (Quarter ended June 30, 2026)
Total Income (Net): ₹18.04 crore
- Other Income: ₹120.13 crore
- Revenue from Operations: ₹60.29 crore
Total Expenses: ₹200.79 crore
- Employee benefits expenses: ₹160.86 crore
- Finance Cost: ₹30.49 crore
- Depreciation and Amortization Expenses: ₹4.64 lakh
- Other Expenses: ₹8.94 lakh
- Bad Debts: ₹1.79 lakh
Profit/(Loss) before tax: (₹20.36) crore loss
Tax Expenses: ₹0.00
Net Profit/(Loss) for the period: (₹20.36) crore loss
Comparative Performance
Vs. Preceding Quarter (March 31, 2026):
- Total Income decreased from ₹55.45 lakh to ₹18.04 crore
- Net Loss increased from ₹7.08 crore to ₹20.36 crore
Vs. Year-ago Quarter (June 30, 2025):
- Total Income increased from ₹16.92 crore to ₹18.04 crore
- Performance declined from net profit of ₹5.67 crore to net loss of ₹20.36 crore
Earnings Per Share
Basic EPS from Continuing Operations: (₹0.36) loss per share
Diluted EPS from Continuing Operations: (₹0.36) loss per share
Capital Structure
Paid-up Equity Share Capital: ₹56.36 lakh
Face Value per Equity Share: ₹1.00
Auditor's Review
SKBhavsar & Co. Chartered Accountants issued a limited review report dated 22nd August 2026 with an Emphasis of Matter stating:
- Trade receivables, trade payables, and all loans and advances balances are pending comprehensive verification
- Verification requires obtaining direct confirmations from external parties and thorough reconciliation with internal ledger records
- The review was conducted in accordance with SRE 2410 and provides moderate assurance
- Nothing came to their attention suggesting material misstatement in the financial results
Additional Notes
- No reportable segments as per Ind AS requirements
- No discontinuing operations
- No exceptional or extraordinary items
- Figures for previous periods have been regrouped for comparability
- No debt securities outstanding