Key Quantitative Figures

Financial Results for Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from Operations: ₹5.34 lakh (compared to ₹5.26 lakh in previous quarter and ₹5.08 lakh in year-ago quarter)
  • Total Income: ₹5.34 lakh (all from operations; no other income)
  • Total Expenses: ₹7.67 lakh (compared to ₹6.30 lakh in previous quarter and ₹26.45 lakh in year-ago quarter)
  • Employee Benefits Expenses: ₹2.73 lakh
  • Depreciation and Amortization: ₹0.54 lakh
  • Other Expenses: ₹4.40 lakh
  • Profit before Tax: Loss of ₹2.33 lakh (compared to loss of ₹1.08 lakh in previous quarter and loss of ₹21.37 lakh in year-ago quarter)
  • Tax Expenses: ₹0 (no current tax; deferred tax of ₹4.29 lakh in year-ago quarter only)
  • Profit after Tax: Loss of ₹2.33 lakh (compared to loss of ₹1.03 lakh in previous quarter and loss of ₹25.66 lakh in year-ago quarter)
  • Total Comprehensive Income: Loss of ₹2.33 lakh
  • Paid-up Share Capital: ₹444.13 lakh (face value ₹10 per share)

Dates of Action

  • Board Meeting Date: August 10, 2026
  • Meeting Time: 3:00 PM to 4:20 PM
  • Financial Results Period: Quarter ended June 30, 2026

Parties Involved

  • Statutory Auditors: PSCA & Co. (formerly Parikh Shah Chotalia & Associates)
  • Internal Auditors: M/s Jwalant Shah & Associates, Chartered Accountants (newly appointed)

Internal Auditor Appointment Details

  • Name: M/s Jwalant Shah & Co., Chartered Accountants
  • Reason: Appointment as Internal Auditors for Financial Year 2026-27
  • Appointment Date: August 10, 2026
  • Term: Financial Year 2026-27
  • Firm Experience: Established in 2012, 14 years of experience in Accounting, Taxation and Auditing Services
  • Relationship Disclosure: Not applicable (no director relationships)

Financial and Operational Impact

  • The company has no commercial operations
  • Current quarter income consists solely of rent income
  • Financial results show continued operational losses
  • The appointment of internal auditors represents normal governance activity with no immediate financial impact disclosed

Capital Structure Impact

No changes to capital structure disclosed. Paid-up share capital remains at ₹444.13 lakh.

Auditor Review

Statutory auditors PSCA & Co. issued a limited review report stating that nothing came to their attention suggesting material misstatement in the financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.