According to the latest unaudited financial results approved by the Board of Directors on July 15, 2026, Technojet Consultants reported a net loss of ₹2.57 lakh for Q1FY26, widening from a loss of ₹1.97 lakh in the corresponding period of the previous year. The company maintained zero revenue from operations during the quarter, indicating minimal operational activity. As reported by Business Standard, the company's financial results show a continued deterioration in profitability despite maintaining zero operational income.
The company reported zero revenue from operations in both Q1FY26 and the corresponding quarter of the previous year, as confirmed in the latest unaudited financial statements. This zero revenue figure indicates that Technojet Consultants had no operational income during the reporting period, contributing to the minimal profitability levels and the widening loss compared to the previous year. The company's financial performance for the quarter reflects a continued absence of operational revenue, with other income comprising interest and non-operational earnings providing the sole source of inflow.
Total expenses for Q1FY26 increased significantly to ₹4.77 lakh from ₹2.59 lakh in the same period last year, driven primarily by employee benefits and other expenses. Employee benefits expense rose substantially to ₹1.56 lakh from ₹0.43 lakh in Q1FY25, while other expenses increased to ₹3.21 lakh from ₹2.16 lakh. The company's total income for the quarter stood at ₹2.20 lakh, up from ₹0.62 lakh in Q1FY25, primarily due to other income which rose to ₹2.20 lakh from ₹0.62 lakh in the year-ago quarter. Employee benefits expense for the quarter was recorded at ₹2.34 lakh, while other expenses stood at ₹2.54 lakh, with depreciation and amortisation expenses being negligible.
The earnings per share (EPS) for the quarter stood at a loss of ₹1.28 on a basic and diluted basis, compared to a loss of ₹0.99 per share in Q1FY25. The company's paid-up share capital remained unchanged at ₹20 lakh, comprising 200,000 equity shares of ₹10 each fully paid-up. The Board of Directors approved the unaudited financial results for the quarter at a meeting held on July 15, 2026. The results were reviewed by Manek & Associates, Chartered Accountants, who issued an unmodified opinion. The financial statements were prepared in accordance with Indian Accounting Standard (Ind AS) 34 and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
