Financial Performance (Quarter Ended September 30, 2026)

  • Total Income From Operations (Net): Rs 0 lakh
  • Total Expenses: Rs 20 lakh
  • Employee Benefits Expense: Rs 14 lakh
  • Other Expenses: Rs 6 lakh
  • Profit/(Loss) before exceptional items and tax: Rs (20) lakh
  • Exceptional Items: Rs 0 lakh
  • Profit/(Loss) after exceptional items: Rs (20) lakh
  • Tax Expense: Rs 0 lakh
  • Profit/(Loss) after tax: Rs (20) lakh
  • Other Comprehensive Income (Net of Tax): Rs 0 lakh
  • Total Comprehensive Income for the period: Rs (20) lakh
  • Earnings Per Share (Basic & Diluted): Rs (0.48)

Financial Performance (Half Year Ended September 30, 2026)

  • Total Income From Operations (Net): Rs 0 lakh
  • Total Expenses: Rs 28 lakh
  • Employee Benefits Expense: Rs 19 lakh
  • Other Expenses: Rs 9 lakh
  • Profit/(Loss) before exceptional items and tax: Rs (28) lakh
  • Exceptional Items: Rs 0 lakh
  • Profit/(Loss) after exceptional items: Rs (28) lakh
  • Tax Expense: Rs 0 lakh
  • Profit/(Loss) after tax: Rs (28) lakh
  • Other Comprehensive Income (Net of Tax): Rs 0 lakh
  • Total Comprehensive Income for the period: Rs (28) lakh
  • Earnings Per Share (Basic & Diluted): Rs (0.68)

Balance Sheet Position (As of September 30, 2026)

  • Paid-up Equity Share Capital: Rs 414 lakh (Face value Rs 10 per share)
  • Other Equity: Rs (722) lakh
  • Net Worth: Rs (308) lakh
  • Total Assets: Rs 184 lakh
  • Total Liabilities: Rs 492 lakh

Auditor's Review and Notes

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors, V Parekh & Associates, performed a limited review of the financial results and issued a limited review report.

Note 5 - Material Uncertainty Related to Going Concern: The company's net worth is negative, indicating a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. The appropriateness of the going concern assumption is dependent on the company's ability to raise finance and generate cash flows in the future to meet its obligations. Despite this, the financial results have been prepared on a going concern basis.

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013. The results are available on the company's website (www.spslcom) and have been submitted to the Stock Exchange where the company's equity shares are listed.

Previous period figures have been regrouped or rearranged where necessary to conform to the current period's presentation.

Cash Flow Statements

The cash flow statements reflect continuing operations:

  • Net cash flow from operating activities: Rs (34) lakh for half year ended September 30, 2026
  • Net cash flow from investing activities: Rs 0 lakh
  • Net cash flow from financing activities: Rs 0 lakh
  • Net increase/(decrease) in cash and cash equivalents: Rs (34) lakh