Progrex Ventures Limited
Financial Results Overview
Quarter Ended June 30, 2026 (Q1 FY2027):
- Revenue from operations: ₹0.000 lakh
- Other income: ₹0.100 lakh
- Total income: ₹0.100 lakh
- Total expenses: ₹1.930 lakh
- Net loss for the quarter: ₹1.830 lakh
- Basic and diluted earnings per share: ₹0.000
- Debt equity ratio: 1.500
Comparative Financial Performance:
- Previous quarter (Q4 FY2026 ended March 31, 2026): Net loss of ₹5.440 lakh
- Corresponding quarter previous year (Q1 FY2026 ended June 30, 2025): Net loss of ₹1.560 lakh
- Year-to-date (April 1, 2026 to June 30, 2026): Net loss of ₹1.830 lakh
- Full previous financial year (FY2026 ended March 31, 2026): Net loss of ₹14.390 lakh
Expense Breakdown for Current Quarter:
- Finance costs: ₹0.040 lakh
- Depreciation, depletion and amortization expense: ₹0.040 lakh
- Other expenses: ₹1.350 lakh
- Salary & Wages: ₹0.000 lakh
- Travelling & conveyance: ₹0.500 lakh
- Legal & professional fees: ₹0.000 lakh
- Bank charges: ₹0.020 lakh
- Miscellaneous expenses: ₹0.020 lakh
- Audit fees: ₹0.000 lakh
Capital Structure
- Paid-up equity capital: ₹360.440 lakh
- Face value per share: ₹10.000
- Reserves excluding revaluation reserve: ₹358.710 lakh
- Debenture redemption reserve: ₹0.000 lakh
Auditor's Review Report
Jain Dhureja & Co., Chartered Accountants, issued a limited review report dated August 12, 2026, on the unaudited quarterly standalone financial results pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The auditor concluded that nothing came to their attention causing them to believe that the financial results contained any material misstatement or failed to disclose information required by SEBI LODR regulations. No matters of emphasis were identified.
Board Resolution and Authorization
The Board of Directors approved the financial results in a meeting held on August 13, 2026, at 5:00 PM at the company's registered office in Bhopal. The board resolved to authorize Mr. Sanjay Wase, Director of the company, to sign the quarterly financial statement and annexures as of June 30, 2026, and submit them to statutory authorities/BSE.
Annexures Included
1. Reconciliation of standalone financial results to previous GAAP: No adjustments required, confirmed loss of ₹1.83 lakh
2. Reconciliation of equity: No changes from previous reporting, equity maintained at ₹360.44 lakh