Asutosh Enterprises reported a net loss of ₹5.47 lakh for the quarter ended June 30, 2026, marking a significant reversal from the net profit of ₹278.98 lakh recorded in the fiscal year ended March 31, 2026. According to the company's unaudited financial results approved by the Board of Directors on July 21, 2026, the company generated zero revenue from operations during the quarter, resulting in a total comprehensive income loss. The performance contrasts sharply with the prior year's annual figures, which included other income of ₹386.10 lakh, highlighting the company's operational challenges during the quarter.
Total expenses for the quarter rose to ₹5.47 lakh, up from ₹4.43 lakh in the same period last year, as reported by the company. Employee benefits expense remained constant at ₹0.45 lakh, while other expenses increased significantly to ₹5.02 lakh from ₹3.98 lakh in the corresponding quarter of the previous year. Notably, there were no costs recorded for raw materials, finance costs, or depreciation during the period, indicating the company's minimal operational activity. The company reported a loss per share of ₹0.24 for the quarter, basic and diluted, on a paid-up equity share capital of ₹224.10 lakh, compared to a loss per share of ₹0.20 in the quarter ended June 30, 2025.
The company's financial results show a dramatic shift from the previous year's performance. According to the latest reports, the ₹5.47 lakh net loss in Q1 FY27 represents a significant decline from the net profit of ₹278.98 lakh recorded in FY26. The company's balance sheet as of March 31, 2026, showed other equity of ₹2,352.90 lakh. The Board of Directors approved the unaudited financial results at a meeting held on July 21, 2026, with the Statutory Auditors, S. Ghose & Co LLP, issuing a Limited Review Report confirming no material misstatements were noticed. The results were reviewed by the Audit Committee before Board approval.
