Asutosh Enterprises Limited reported a net loss of ₹5.47 lakh for the quarter ended June 30, 2026, a significant decline from the net profit of ₹278.98 lakh recorded in the fiscal year ended March 31, 2026. The company generated no revenue from operations during the quarter, resulting in a total comprehensive income loss of ₹5.47 lakh. This performance contrasts sharply with the prior year's annual figures, which included other income of ₹386.10 lakh.

The Board of Directors approved the unaudited financial results at a meeting held on July 21, 2026. The results were reviewed by the Audit Committee and subsequently by the Board. S. Ghose & Co LLP, the Statutory Auditors, issued a Limited Review Report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming no material misstatements were noticed.

Total expenses for the quarter rose to ₹5.47 lakh, up from ₹4.43 lakh in the same period last year. Employee benefits expense remained constant at ₹0.45 lakh, while other expenses increased to ₹5.02 lakh from ₹3.98 lakh in the corresponding quarter of the previous year. There were no costs for raw materials, finance costs, or depreciation recorded during the period.

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. This compares to a loss per share of ₹0.20 in the quarter ended June 30, 2025, and an earnings per share of ₹12.45 for the full year ended March 31, 2026. Other equity stood at ₹2,352.90 lakh as of March 31, 2026.

Mr. V.N. Agarwal, Director, has been authorized to sign the financial results on behalf of the Board. The company confirmed that previous period figures have been regrouped or rearranged where necessary for comparison.

Financial Results Summary

Asutosh Enterprises Limited has approved its audited standalone financial results for the quarter and year ended March 31, 2026, at a Board of Directors meeting held on May 12, 2026. The meeting, which commenced at 3:30 P.M. and concluded at 4:30 P.M., was convened at the company's registered office in Kolkata. The results were reviewed by the Audit Committee and approved by the Board in compliance with Regulations 30, 33, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. S. Ghose & Co. LLP (FRN: 302184E/E300007), issued an unmodified audit opinion on the financial results, confirming the absence of any qualifications. The Board of Directors authorised Mr. V.N. Agarwal, Director, to sign the results on behalf of the company.

Financial Performance Overview

For the full year ended March 31, 2026, Asutosh Enterprises reported a net profit after tax of ₹278.98 lakhs, compared to ₹312.59 lakhs in the previous year. Total revenue for the year stood at ₹386.10 lakhs, comprising entirely of other income, as there was no revenue from operations. Total expenses for the year were ₹8.36 lakhs, down from ₹10.68 lakhs in the prior year, primarily consisting of employee benefits expense of ₹1.80 lakhs and other expenses of ₹6.56 lakhs. Profit before tax for the full year was ₹377.74 lakhs against ₹381.06 lakhs in the previous year. Net tax expenses for the year amounted to ₹98.76 lakhs, compared to ₹68.47 lakhs previously, resulting in the lower net profit figure.

The following table presents the key financial results for the quarter and year ended March 31, 2026 (₹ in Lakhs):

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹5,048.36 lakhs, a significant increase from ₹2,394.31 lakhs as at March 31, 2025. This was primarily driven by a sharp rise in other current assets to ₹3,022.99 lakhs from ₹357.11 lakhs in the prior year. Non-current assets remained stable at ₹1,889.15 lakhs, comprising investments of ₹1,889.10 lakhs and other financial assets of ₹0.05 lakhs. Total equity increased to ₹2,577.00 lakhs from ₹2,298.01 lakhs, supported by equity share capital of ₹224.10 lakhs and other equity of ₹2,352.90 lakhs. Current liabilities rose substantially to ₹2,471.36 lakhs from ₹96.31 lakhs, reflecting an increase in other current liabilities.

Cash Flow Summary

The company's cash flow statement for the year ended March 31, 2026 reflects net cash used in operating activities of ₹397.51 lakhs, compared to ₹414.05 lakhs in the prior year. Cash flow from investing activities was ₹386.10 lakhs, driven entirely by dividend received, against ₹386.80 lakhs in the previous year. There were no cash flows from financing activities during either year. As a result, net cash and cash equivalents decreased by ₹11.41 lakhs during the year, with the closing balance standing at ₹8.71 lakhs compared to an opening balance of ₹20.12 lakhs.

Regulatory and Audit Compliance

The financial results were submitted to BSE Limited by Narayan Baheti, Company Secretary and Compliance Officer, in accordance with applicable SEBI listing regulations. The statutory auditors, M/s. S. Ghose & Co. LLP, conducted the audit in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013, and issued an unmodified opinion confirming that the results present a true and fair view. The paid-up equity share capital of the company stands at ₹224.10 lakhs, with a face value of ₹10 per share.