Financial Performance Highlights

Quarter Ended September 30, 2026 (Unaudited):

  • Total Income: ₹0.00 thousand
  • Total Expenses: ₹2,314.95 thousand
  • Net Loss: ₹2,314.95 thousand
  • Basic EPS: ₹(0.40)
  • Diluted EPS: ₹(0.40)

Half Year Ended September 30, 2026 (Unaudited):

  • Total Income: ₹0.00 thousand
  • Total Expenses: ₹3,434.17 thousand
  • Net Loss: ₹3,434.17 thousand
  • Basic EPS: ₹(0.60)
  • Diluted EPS: ₹(0.60)

Comparative Figures (Quarter Ended September 30, 2025):

  • Total Income: ₹5 thousand
  • Total Expenses: ₹1,119.23 thousand
  • Net Loss: ₹1,135.23 thousand
  • Basic EPS: ₹(0.19)
  • Diluted EPS: ₹(0.19)

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹3,499.00 thousand
  • Property, Plant and Equipment: ₹26.87 thousand
  • Trade Receivables: ₹1,243.85 thousand
  • Cash and Cash Equivalents: ₹689.43 thousand
  • Other Current Assets: ₹1,538.84 thousand
  • Equity Share Capital: ₹57,497.00 thousand
  • Other Equity: Negative ₹62,257.88 thousand
  • Total Equity: Negative ₹4,760.88 thousand
  • Borrowings: ₹2,216.22 thousand
  • Trade Payables: ₹962.66 thousand
  • Other Current Liabilities: ₹5,070.99 thousand
  • Total Liabilities: ₹8,259.88 thousand

Auditor's Qualified Opinion

Kanu Doshi Associates LLP issued a qualified review report highlighting:

  • Significant erosion in the company's net worth
  • Continuous cash losses over several years
  • Material uncertainty regarding the company's ability to continue as a going concern
  • Inadequate disclosure of going concern uncertainty as required under Ind AS 1
  • Negative net worth of ₹4,760.88 thousand as at September 30, 2026

Cash Flow Statement

For the half year ended September 30, 2026:

  • Cash used in operating activities: ₹(288.68) thousand
  • Cash used in investing activities: ₹(26.87) thousand
  • Cash from financing activities: ₹1,000.00 thousand (from borrowings)
  • Net increase in cash: ₹684.44 thousand
  • Cash and cash equivalents at beginning: ₹4.99 thousand
  • Cash and cash equivalents at end: ₹689.43 thousand

Additional Information

  • The company is engaged in only single business segment
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Previous period figures have been regrouped/rearranged for consistency
  • The statement includes a note about 'in-principle approval' for issuance of 80,70,008 Equity Shares and 1,00,00,000 Convertible Warrants on preferential basis under Regulation 281(1) of Listing Regulations