Southern Infoconsultants Ltd
Southern Infoconsultants Reports Net Loss in FY26; Revenue Drops, Cash Improves 📉
- Revenue from operations: ₹1,071.27 lakhs (prev yr ₹1,304.97 lakhs)
- Net loss: ₹15.33 lakhs (prev yr profit ₹27.06 lakhs)
- EPS (basic & diluted): (₹0.31) (prev yr ₹0.54)
- Cash & cash equivalents: ₹145.85 lakhs (prev yr ₹4.11 lakhs)
- Contingent liabilities: IT demand ₹323.72 lakhs, GST demands ₹1,438.18 lakhs & ₹28.91 lakhs
- Auditor qualified opinion on gratuity non-provision
- Total assets: ₹2,228.30 lakhs (prev yr ₹3,332.31 lakhs)
- Trade receivables: ₹845.63 lakhs; trade payables: ₹1,634.42 lakhs
- Return on Equity: -2.66%; Net profit ratio: -1.43%
- No dividend recommended for FY26