Financial Results Performance

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹8.41 lakhs
  • Total Income: ₹8.41 lakhs
  • Total Expenses: ₹5.79 lakhs (Employee benefits: ₹2.00 lakhs, Finance Cost: ₹1.23 lakhs, Other Expenses: ₹2.56 lakhs)
  • Profit Before Tax: ₹2.62 lakhs
  • Profit for the period: ₹2.62 lakhs
  • Basic and Diluted EPS: ₹1.81

Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹0.00 lakhs
  • Total Income: ₹0.00 lakhs
  • Total Expenses: ₹6.10 lakhs (Employee benefits: ₹2.00 lakhs, Finance Cost: ₹1.13 lakhs, Other Expenses: ₹2.97 lakhs)
  • Loss Before Tax: ₹6.10 lakhs
  • Loss for the period: ₹6.10 lakhs
  • Basic and Diluted EPS: -₹4.21

Quarter Ended September 30, 2025:

  • Revenue from Operations: ₹0.00 lakhs
  • Other Income: ₹0.25 lakhs
  • Total Income: ₹0.25 lakhs
  • Total Expenses: ₹5.21 lakhs (Employee benefits: ₹1.52 lakhs, Finance Cost: ₹1.39 lakhs, Other Expenses: ₹2.30 lakhs)
  • Loss Before Tax: ₹4.96 lakhs
  • Loss for the period: ₹4.96 lakhs
  • Basic and Diluted EPS: -₹3.42

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹8.41 lakhs
  • Total Income: ₹8.41 lakhs
  • Total Expenses: ₹11.90 lakhs (Employee benefits: ₹4.00 lakhs, Finance Cost: ₹2.36 lakhs, Other Expenses: ₹5.53 lakhs)
  • Loss Before Tax: ₹3.49 lakhs
  • Loss for the period: ₹3.49 lakhs
  • Basic and Diluted EPS: -₹2.41

Half Year Ended September 30, 2025:

  • Other Income: ₹0.25 lakhs
  • Total Income: ₹0.25 lakhs
  • Total Expenses: ₹10.45 lakhs (Employee benefits: ₹3.04 lakhs, Finance Cost: ₹2.77 lakhs, Other Expenses: ₹4.65 lakhs)
  • Loss Before Tax: ₹10.20 lakhs
  • Loss for the period: ₹10.20 lakhs
  • Basic and Diluted EPS: -₹7.04

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹17.91 lakhs
  • Other Income: ₹0.25 lakhs
  • Total Income: ₹18.16 lakhs
  • Total Expenses: ₹23.16 lakhs (Employee benefits: ₹6.79 lakhs, Finance Cost: ₹5.52 lakhs, Other Expenses: ₹10.84 lakhs)
  • Loss Before Tax: ₹5.00 lakhs
  • Loss for the period: ₹5.00 lakhs
  • Basic and Diluted EPS: -₹3.45

Balance Sheet Position as at 30th September 2026

Assets:

  • Total Assets: ₹20.00 lakhs
  • Current Assets: ₹20.00 lakhs (Trade receivables: ₹8.24 lakhs, Cash and cash equivalents: ₹8.35 lakhs, Other current financial assets: ₹0.50 lakhs, Other current assets: ₹2.02 lakhs, Other current tax assets: ₹0.89 lakhs)

Equity and Liabilities:

  • Total Equity: -₹46.23 lakhs (Equity share capital: ₹42.13 lakhs, Other equity: -₹88.36 lakhs)
  • Total Liabilities: ₹66.23 lakhs
  • Non-current liabilities: ₹62.15 lakhs (Borrowings)
  • Current liabilities: ₹4.09 lakhs (Trade payables: ₹2.29 lakhs, Other financial liabilities: ₹0.96 lakhs, Other current liabilities: ₹0.84 lakhs)

Cash Flow Statement for Half Year Ended September 30, 2026

  • Net cash flow from operating activities: -₹8.77 lakhs
  • Net cash used in investing activities: ₹0.00 lakhs
  • Net cash used in financing activities: ₹0.00 lakhs
  • Net decrease in cash and cash equivalents: -₹8.77 lakhs
  • Closing balance of cash and cash equivalents: ₹8.35 lakhs

Going Concern Emphasis

The company incurred a net loss of ₹3.49 lakhs during the half year ended 30th September 2026 and has accumulated losses of ₹88.36 lakhs as at that date, raising significant doubt about the company's ability to continue as a going concern.

Mitigating factors cited by management:

  • Lenders of unsecured loans have confirmed they do not intend to demand repayment until 31st March 2027
  • Promoter has provided a comfort letter expressing continued financial support if required
  • Management has prepared projected financial statements indicating expected improvement in operating results and revenue generation

Auditor's Review

Bilimoria Mehta & Co Chartered Accountants (FRN: 101490W) conducted a limited review and concluded that nothing has come to their attention that causes them to believe the statement contains any material misstatement. They emphasized the going concern matter but noted management's mitigating factors.