Financial Results Overview

Quantitative Financial Figures (Rs. in Lakhs):

  • Revenue from Operations: ₹1.80 lakh (Q1 FY27) vs ₹11.75 lakh (Q1 FY26) vs ₹19.59 lakh (FY26)
  • Other Income: ₹1.80 lakh (Q1 FY27) vs ₹0.34 lakh (Q4 FY26) vs ₹0.34 lakh (FY26)
  • Total Revenue: ₹1.80 lakh (Q1 FY27) vs ₹11.75 lakh (Q1 FY26) vs ₹19.59 lakh (FY26)

Expense Breakdown:

  • Employee Benefits Expense: ₹18.60 lakh (Q1 FY27) vs ₹0.60 lakh (Q1 FY26) vs ₹20.60 lakh (FY26)
  • Depreciation and Amortization: ₹0.03 lakh (Q1 FY27) vs ₹0.02 lakh (Q1 FY26) vs ₹0.11 lakh (FY26)
  • Other Expenses: ₹8.66 lakh (Q1 FY27) vs ₹3.30 lakh (Q1 FY26) vs ₹30.63 lakh (FY26)
  • Total Expenses: ₹27.29 lakh (Q1 FY27) vs ₹3.92 lakh (Q1 FY26) vs ₹51.34 lakh (FY26)

Profit/Loss Figures:

  • Profit/(Loss) before tax: ₹(25.49) lakh (Q1 FY27) vs ₹7.83 lakh (Q1 FY26) vs ₹(31.75) lakh (FY26)
  • Profit/(Loss) after tax: ₹(25.49) lakh (Q1 FY27) vs ₹7.83 lakh (Q1 FY26) vs ₹(31.75) lakh (FY26)
  • Tax Expense: ₹0.00 for all periods presented

Capital and Per Share Data:

  • Paid-up Equity Share Capital: ₹494.00 lakh (face value ₹10 each)
  • Basic EPS: ₹(0.52) (Q1 FY27) vs ₹0.63 (Q1 FY26) vs ₹(0.64) (FY26)
  • Diluted EPS: ₹(0.52) (Q1 FY27) vs ₹0.63 (Q1 FY26) vs ₹(0.64) (FY26)

Dates and Approval Process

  • The financial results were reviewed by the audit committee and approved by the Board of Directors on August 11, 2026.
  • The results cover the quarter ended June 30, 2026.

Auditor Review and Opinion

Suvarna & Katdare Chartered Accountants (Firm Registration No. 125080W) conducted a review of the unaudited standalone financial results pursuant to Regulation 33/52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Auditor Details:

  • Review performed under Standard on Review Engagements (SRE) 2410
  • Expressed an unmodified opinion
  • Signed by Ravindra Raju Suvarna (Partner, Membership No.: 032007)
  • UDIN: 26032007ICRRSV2245
  • Dated: August 11, 2026

The auditor concluded that nothing came to their attention that causes them to believe that the statement contains any material misstatement.

Fund Utilization Statement

Fund Raising Details:

  • Mode of Raising: Preferential Issue
  • Date of Raising: November 27, 2025
  • Amount Raised: ₹5,02,50,000
  • Reporting Quarter: June 30, 2026
  • Monitoring Agency: Not Applicable

Deviation/Variation Status:

  • Is there Deviation/Variation? No
  • Pursuant to change in terms? Not Applicable
  • Shareholder Approval Date: Not Applicable

Fund Utilization Details:

  • Objects: Working Capital Requirements [Pre-operating Expenses]
  • Amount Allocated: ₹8,85,00,000 (Total Fund Received as on March 31, 2026: ₹5,02,50,000)
  • Amount Utilized: ₹2,64,18,489
  • ₹30,66,569 for pre-operative expenses
  • ₹1,10,84,881 for working capital use for business purpose
  • ₹13,10,000 for MCA Fees
  • ₹1,09,57,039 for RTA Salary, Payment, Software and Tech, CDSL & NSDL Fees, BSE Payment and other office expenses
  • Deviation/Variation for Quarter: Not Applicable

Other Objects:

  • Growth Objectives and Strengthening Financial Position: ₹15,00,000 allocated (Fund not Received)

Additional Notes

1. The company has a single business segment, therefore segment information disclosure under Ind AS 108 is not applicable.

2. Previous quarter figures have been regrouped/reclassified wherever necessary to make them comparable.

3. The financial results have been prepared in accordance with Ind AS notified under the Companies (Accounting Standards) Rule 2015.