Date: September 18, 2026
Financial Results (Standalone)
Quarter Ended June 30, 2026 (Q1 FY27)
- Revenue from Operations: ₹2660.07 lakhs
- Other Income: ₹132.50 lakhs
- Total Income: ₹2792.57 lakhs
- Total Expenses: ₹3899.06 lakhs
- Purchase of Stock in trade: ₹1078.68 lakhs
- (Increase)/Decrease in Inventories of Stock in trade: ₹431.14 lakhs
- Employee Benefits Expenses: ₹557.13 lakhs
- Finance Costs: ₹561.87 lakhs
- Depreciation and Amortisation expenses: ₹476.10 lakhs
- Other Expenses: ₹794.14 lakhs
- Loss before Exceptional Items and Tax: ₹(1106.49) lakhs
- Loss after Tax: ₹(1106.49) lakhs
- Total Comprehensive Income: ₹(1106.49) lakhs
- Basic and Diluted EPS: ₹(0.60) per share (not annualized)
- Paid up Equity Share Capital: ₹9290.61 lakhs (Face Value ₹5 per share)
Comparative Figures
Quarter Ended March 31, 2026 (Q4 FY26)
- Revenue from Operations: ₹2474.06 lakhs
- Other Income: ₹453.47 lakhs
- Total Income: ₹2927.53 lakhs
- Loss before Exceptional Items: ₹(1429.85) lakhs
- Exceptional Items: ₹(10100.00) lakhs (Provision for ECL towards security deposit from related party)
- Loss after Tax: ₹(11529.85) lakhs
- Basic and Diluted EPS: ₹(6.21) per share
Quarter Ended June 30, 2025 (Q1 FY26)
- Revenue from Operations: ₹2350.39 lakhs
- Loss after Tax: ₹(1646.82) lakhs
- Basic and Diluted EPS: ₹(1.22) per share
Year Ended March 31, 2026 (FY26 Audited)
- Revenue from Operations: ₹9566.21 lakhs
- Loss after Tax: ₹(6661.49) lakhs
- Other Equity: ₹(17005.83) lakhs
Other Operational / Legal / Strategic Disclosures
Going Concern Assessment (Note 4)
- Company committed to improve operational efficiency to boost sales and reduce cost
- Exploring various possible options to raise funds
- Expected to bring financial stability and improve net worth
Preference Share Redemption (Note 5)
- 9% Non-Cumulative Redeemable Preference Shares aggregating ₹630 lakhs held by Future Enterprises Limited due for redemption on December 8, 2022
- Not redeemed due to lack of profits or fresh issue of shares
- Continues to be disclosed as unredeemed preference share capital
Legal Disputes:
1. Future Enterprises Limited (Note 6)
- Full ECL provision of ₹10,100 lakhs created for security deposit from FEL
- Resolution Professional of FEL filed IA claiming lease rental of ₹4,577.35 lakhs
- Company challenging maintainability of application
- Matter pending hearing
2. Insolvency Proceeding (Note 8)
- M/s. Koncepts Interior filed application before NCLT for alleged claim of ₹7 lakhs
- Matter reserved for orders but bench reconstituted
- Fresh IA filed in September 2025, pending hearing
3. Ojas Tradelease Disputes (Note 9)
- a) RP of Ojas filed IA claiming ₹1,955 lakhs for alleged losses from lease agreement
- NCLT order dated March 17, 2026 passed
- Company appealed to NCLAT, pending hearing
- b) Another IA filed claiming ₹83.30 lakhs outstanding
- Matter pending before NCLT
4. GST Matter (Note 10)
- Hearing held at GST Appellate Tribunal, Principal Bench, New Delhi
- Written submissions made by company
- Tribunal sought additional information/documents
- Matter adjourned for further hearing
Promoter Reclassification (Note 7)
- Promoter sought reclassification to "Public" category on June 09, 2025
- Board approved reclassification on July 14, 2025 under SEBI Regulation 31A
- Stock exchange approval awaited
- Company collating requisite documents for submission
ESOP Allotment (Note 11)
- Allotment of 500,000 equity shares of face value ₹5 each on April 7, 2026
- Pursuant to exercise of stock options under employee stock option scheme
Segment Information (Note 2)
- Single primary business segment: "retail"
- Operations confined to India
Approval Process
- Results reviewed by Audit Committee and approved by Board of Directors
- Meetings held on August 07, 2026