SecUR Credentials Delayed Q2-Q3 FY25 Results with Audit Concerns

SecUR Credentials Board approved unaudited standalone financial results for Q2 and Q3 FY25, delayed until May 2026.
Company reported significant losses: ₹132.99L (Q2) and ₹215.97L (Q3), with negative EPS of (0.32) and (0.53) respectively.
Auditors issued limited review reports highlighting multiple non-compliances including unaudited inventory, unpaid statutory dues, and prohibited director loans.
Critical accounting deficiencies noted: no gratuity provision, no ECL provision, and non-recognition of deferred tax assets on losses.