Aadhaar Ventures India Limited reported a net loss of ₹2.34 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹1.89 lakh in the previous year. The company recorded zero revenue from operations for both the quarter and the full year, while total income declined to ₹9.37 lakh in FY26 from ₹17.45 lakh in FY25. The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on June 1, 2026.

The meeting, convened at the company's registered office in Surat, was held under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Rishi Sekhri & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The board also reviewed the business of the company during the proceedings, which commenced at 4:00 P.M. and concluded at 4:30 P.M.

Financial Performance for FY26

Assets and Liabilities

The company's total assets stood at ₹36,624.95 lakh as of March 31, 2026, slightly higher than ₹36,623.38 lakh in the previous year. Non-current assets, primarily comprising investments and loans, accounted for ₹33,986.40 lakh. Current assets totaled ₹2,638.55 lakh, driven by trade receivables of ₹2,610.32 lakh and cash and bank balances of ₹27.73 lakh. The company reported no outstanding defaults on loans or debt securities as of the reporting date.

India has officially withdrawn its proposal to mandate the preloading of the Aadhaar biometric identification app on new mobile phones. This decision marks a significant reversal in the government's approach to expanding access to its digital identity platform.

Policy Reversal Details

The dropped proposal would have required all new mobile devices sold in India to come with the Aadhaar app pre-installed. Aadhaar serves as India's state biometric identification system, providing digital identity services to citizens across the country.

Impact on Digital Identity Access

This policy change affects the government's strategy for ensuring widespread access to biometric identification services. The withdrawal suggests a shift away from mandatory preloading as a distribution method for the state's digital identity platform.

The decision comes as part of ongoing discussions about digital identity implementation and mobile device regulations in India's technology sector.