Key Financial Figures (Standalone, in ₹ Lakhs)

Income Statement for Quarter Ended June 30, 2026:

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total income: ₹0.00
  • Total expenses: ₹7.04
  • Employee benefits expense: ₹5.87
  • Other expenses: ₹1.74
  • All other expense line items (cost of materials, production, finance costs, depreciation) were ₹0.00
  • Loss before tax: ₹(7.04)
  • Tax expense: ₹0.00 (Current tax: ₹0.00, Deferred tax: ₹0.00)
  • Loss from continuing operations: ₹(7.04)
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income for the period: ₹(7.04)

Comparative Figures:

  • Quarter ended March 31, 2026 (Audited): Loss of ₹(10.59) lakhs
  • Quarter ended June 30, 2025 (Unaudited): Loss of ₹(5.99) lakhs
  • Year ended March 31, 2026 (Audited): Loss of ₹(30.72) lakhs

Per Share Data (Basic and Diluted):

  • Earnings per equity share for Q1 FY27: ₹(0.23)
  • Earnings per equity share for Q4 FY26: ₹(0.35)
  • Earnings per equity share for Q1 FY26: ₹(0.20)
  • Earnings per equity share for FY26: ₹(1.02)

Capital Structure:

  • Equity share capital (Face value ₹10 per share): ₹300.00 lakhs
  • Other equity excluding revaluation reserves: Negative (as per FY26 balance sheet)

Auditor's Emphasis of Matter

The statutory auditor, B. L. Dasharda & Associates, included an emphasis of matter in their limited review report noting:

  • Fixed assets (Land, Building, Plant & Machinery, Electrical Installation) with a net book value of ₹52,35,848 (₹52.36 lakhs) were taken over by Maharashtra State Financial Corporation (MSFC) pursuant to their letter dated November 18, 1998, under Section 29 of the State Financial Corporations Act, 1951, due to the company's inability to pay outstanding dues.
  • The company ceased to be the owner of these assets but has not written them off its books.
  • Secured loans outstanding as of June 30, 2026:
  • MSFC: ₹1,03,76,328 (₹1.04 crores)
  • SICOM Ltd: ₹16,24,436 (₹16.24 lakhs)
  • The amount payable to MSFC and SICOM after adjusting the value of the seized fixed assets is not ascertainable due to lack of relevant data.

The auditor states this matter could have a significant impact on the financial position but does not modify their conclusion.

Governance and Approval

  • The financial results were reviewed by the audit committee and approved by the board of directors at a meeting held on August 11, 2026.
  • Mr. Manish Shah, Executive Director (DIN: 00434171), was authorized to sign and submit the results.
  • The results were submitted to BSE Limited in XBRL format as required.

Additional Notes from Financial Statements

  • The company operates in a single segment.
  • No provision for current or deferred tax has been made due to carry forward losses.
  • Figures for the previous quarter and year have been regrouped/reworked/rearranged where necessary.
  • The figures for the quarter ended March 31, 2026, are balancing figures between the audited annual figures and the reviewed year-to-date figures up to the third quarter.