Board approved audited FY26 results showing net loss of Rs 60 lakh with negative net worth of Rs 274 lakh.
Company reported zero revenue from operations for both Q4 and full year FY26, relying solely on other income.
Auditors highlighted material uncertainty regarding going concern due to negative net worth and pending litigation.
Financial statements prepared on going concern basis despite challenges, with write-offs of unrecoverable balances during quarter.