Evoq Remedies Ltd

Evoq Remedies H1 FY2025 Results: Revenue at ₹2,656.82 Lakhs, Net Profit ₹5.43 Lakhs šŸ“Š

- Total Revenue for H1 FY2025: ₹2,656.82 lakhs (Operations: ₹2,550.68 lakhs, Other Income: ₹106.14 lakhs)

- Profit Before Tax: ₹7.88 lakhs; Net Profit: ₹5.43 lakhs

- Shareholders' Funds: ₹4,459.04 lakhs (Share Capital: ₹2,490.00 lakhs, Reserves & Surplus: ₹1,969.04 lakhs)

- Current Assets: ₹5,201.83 lakhs (Short-Term Loans & Advances: ₹3,265.50 lakhs, Trade Receivables: ₹439.04 lakhs)

- SEBI summons received (July 2024) regarding financial statements; Show Cause letter (Nov 2024) on ₹19.21 crore preferential allotment utilization

- Non-compliance with Companies Act (Section 178(5)) for audit trail software

- Advances to suppliers (₹1,250.87 lakhs) pending confirmation

- GST order (₹655.03 lakhs for FY 2017-18) under litigation

- Income tax provision (₹1.99 lakhs) and disputed demand (₹39.99 lakhs) under litigation

- Debtors outstanding (₹73.25 lakhs, mostly related parties) pending reconciliation

- Unpaid TDS/TCS: ₹38.23 lakhs

- Short-term loans include ₹668.86 lakhs to related parties with Companies Act non-compliance (Sections 177, 185, 186, 188, 189)