Financial Results (Quarter Ended March 31, 2025)

  • Revenue from operations: Not quantifiable (symbol: ×)
  • Other Income: Not quantifiable
  • Total Income: Not quantifiable (symbol: ¥)
  • Employee Benefits Expense: ₹0.24 lakhs
  • Finance Costs: ₹(1.47) lakhs (negative amount)
  • Other Expenses: ₹3.37 lakhs
  • Total Expenditure: ₹2.14 lakhs
  • Profit/(Loss) from operations: ₹(2.14) lakhs (loss)
  • Profit from Ordinary Activities Before Tax: ₹(2.14) lakhs (loss)
  • Net Profit/(Loss) for the period: ₹(2.14) lakhs (loss)
  • Total Comprehensive Income: ₹(2.14) lakhs (loss)
  • Earnings per equity share (face value ₹5): ₹(0.01) (loss)

Financial Results (Year Ended March 31, 2025)

  • Revenue from operations: ₹0.10 lakhs
  • Total Income: ₹0.10 lakhs
  • Employee Benefits Expense: ₹1.56 lakhs
  • Finance Costs: ₹0.04 lakhs
  • Other Expenses: ₹3.41 lakhs
  • Total Expenditure: ₹5.01 lakhs
  • Profit/(Loss) from operations: ₹(5.01) lakhs (loss)
  • Net Profit/(Loss) for the period: ₹(5.01) lakhs (loss)
  • Total Comprehensive Income: ₹(5.01) lakhs (loss)
  • Earnings per equity share: ₹(0.01) (loss)

Balance Sheet Position (as of March 31, 2025)

  • Total Non-Current assets: ₹0.02 lakhs
  • Current assets: ₹516.21 lakhs (including Inventories: ₹33.54 lakhs, Trade receivables: ₹6.80 lakhs, Cash and cash equivalents: ₹460.87 lakhs)
  • Total Current assets: ₹516.21 lakhs
  • Total Assets: ₹516.23 lakhs
  • Equity Share capital: ₹1,704.55 lakhs
  • Other Equity: ₹(2,239.57) lakhs (negative)
  • Total Equity: ₹(535.01) lakhs (negative net worth)
  • Non-Current liabilities: ₹178.54 lakhs
  • Current Liabilities: ₹872.70 lakhs (including Trade payables: ₹853.55 lakhs, Other Financial Liabilities: ₹9.61 lakhs, Other Current liabilities: ₹4.51 lakhs, Provisions: ₹5.03 lakhs)
  • Total Liabilities: ₹1,051.24 lakhs

Cash Flow Statement (Year Ended March 31, 2025)

  • Net cash flow from operating activities: ₹0.18 lakhs
  • Net cash flow from investing activities: ₹0.00
  • Net cash flow from financing activities: ₹0.08 lakhs
  • Net increase in cash and cash equivalents: ₹0.26 lakhs
  • Cash and cash equivalents at beginning: ₹6.54 lakhs
  • Cash and cash equivalents at end: ₹6.80 lakhs

Impact of Audit Qualifications Statement

Management provided a statement on impact of audit qualifications as required by SEBI LODR Regulations:

  • Audited Figures (before adjustments): Turnover/Total income: ₹0.00, Total Expenditure: ₹5.01, Net Profit/(Loss): ₹(5.01), Earnings Per Share: ₹(0.01), Total Assets: ₹516.32, Total Liabilities: ₹1,051.24, Net Worth: ₹(535.01)
  • Adjusted Figures: All figures remain unchanged as qualifications do not impact numerical values
  • Audit Qualification Type: Qualified Opinion
  • Frequency: Repetitive Quarterly Qualification Since FY 2020-21
  • Management's Views: Company lost all key employees in finance, accounts, legal, production, and marketing after closure of all business activities following FY 2019-20 when company assets became NPA with Saraswat Bank. With no business and no employees, the company was unable to fulfill regulatory compliances on time.