Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Submission of Un-audited Financial Results (Standalone) under Regulation 30 and 33 of SEBI LODR Regulations, 2015
Audit Opinion:
Limited Review Report issued by Thacker Butala Desai, Chartered Accountants. No qualifications or modifications noted. The review provides less assurance than an audit and does not enable the auditor to become aware of all significant matters that might be identified in an audit.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Revenue from Operations: ₹0 (No revenue generated)
Total Income: ₹383.72 (consisting entirely of Other Income)
Other Income: ₹383.72
Employee Benefit Expense: ₹39.39
Depreciation and Amortisation Expense: ₹440.07
Finance Cost: ₹0.01
Other Expenses: ₹29.89
Total Expenses: ₹509.36
Loss from Ordinary Activities before Tax: ₹(125.64)
Tax Expense: ₹(54.14)
Net Loss: ₹(71.49)
Total Comprehensive Income: ₹(71.49)
Paid-up Equity Share Capital: ₹2,657.05
Earnings Per Share (Basic): ₹(0.27)
Earnings Per Share (Diluted): ₹(0.27)
Comparative Performance:
The net loss of ₹71.49 lakh for Q1 FY27 shows slight deterioration compared to Q4 FY26 net loss of ₹70.58 lakh, but improvement compared to Q1 FY26 net loss of ₹198.75 lakh.
Corporate Insolvency Resolution Process (CIRP):
The company has been admitted into Corporate Insolvency Resolution Process under the provisions of the Insolvency and Bankruptcy Code, 2016 vide order dated November 2, 2023, passed by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench. The powers of the Board of Directors stand suspended and are being exercised by the Interim Resolution Professional.
Corporate Actions:
Not Specified
Other Significant Information:
The company generated no revenue from operations during the quarter. All income came from other sources totaling ₹383.72 lakh. Depreciation remains the largest expense at ₹440.07 lakh.