Key Financial Results for Q1 FY27 (Quarter ended 30th June, 2026)

The Board approved and took on record the un-audited standalone financial results for the quarter ended 30th June, 2026:

Income Statement:

  • Revenue from operations: ₹0.00
  • Other income: ₹0.03 lakh
  • Total Income: ₹0.03 lakh
  • Employee benefits expense: ₹1.05 lakh
  • Other expenses: ₹3.75 lakh
  • Total Expenses: ₹4.80 lakh
  • Profit Before Tax: Loss of ₹4.77 lakh
  • Tax Expense: ₹0.00
  • Profit After Tax: Loss of ₹4.77 lakh
  • Total Comprehensive Income: Loss of ₹4.77 lakh

Comparative Performance:

  • Previous quarter (Q4 FY26): Loss of ₹13.56 lakh
  • Same quarter previous year (Q1 FY26): Loss of ₹1.23 lakh
  • Full year FY26: Loss of ₹30.46 lakh

Capital Structure:

  • Paid-up equity share capital (₹10 per share): ₹30.48 lakh
  • Other equity: Negative ₹0.44 lakh (as of 31-Mar-26)
  • Earnings Per Share (Basic): Negative ₹0.16

Resolution Plan Status

The company provided updates on its corporate insolvency resolution process:

  • Entire payment was made by the Successful Resolution Applicant as per the approved Resolution Plan
  • Resolution Professional has made payments to creditors as per the approved plan
  • Financial creditors State Bank of India and Bank of India issued No Dues Certificates on 11th March 2025 and 15th March 2025 respectively
  • Share capital reduction and share capital allotment are currently in process as per the approved Resolution Plan

Auditor Review

KPJANDCO. Chartered Accountants (FRN: 132942W) conducted a limited review of the financial results and issued an unmodified opinion. The review was conducted in accordance with SRE 2410 issued by ICAI. The auditors confirmed that nothing came to their attention that causes them to believe the financial results contain material misstatements.

Additional Information

  • The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
  • Previous period figures have been regrouped/reclassified where necessary
  • The company's registered office is at Bharuch Jhagadia Road, Govali, Gujarat, India - 392022
  • CIN No: L21093GJ1991PLCOS7244