Citurgia Biochemicals reports widened net loss for FY26

1 min read     Updated on 09 Jun 2026, 02:47 PM
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Suketu GScanX News Team
AI Summary

Citurgia Biochemicals Limited reported a net loss of ₹74.25 lakh for FY26, widening from ₹42.31 lakh in FY25, with zero income from operations. The Board approved the audited results on May 30, 2026.

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Citurgia Biochemicals Limited reported a widened net loss for the financial year ended March 31, 2026, as the company recorded zero income from operations for the period. The net loss for the year stood at ₹74.25 lakh, an increase from the net loss of ₹42.31 lakh reported in the previous year ended March 31, 2025. For the quarter ended March 31, 2026, the company reported a net loss of ₹25.82 lakh, compared to a net loss of ₹11.93 lakh in the corresponding quarter of the previous year.

The company's equity share capital remained constant at ₹2,641.91 lakh across the reported periods. Earnings per share (EPS) for the year ended March 31, 2026, was reported at (0.000) on both a basic and diluted basis, consistent with the EPS reported for the financial year 2025. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 30, 2026.

Financial Performance Summary

The following table outlines the key financial figures for Citurgia Biochemicals Limited for the quarter and year ended March 31, 2026, and the corresponding periods in the previous year:

Particulars Quarter Ended 31.03.2026 (Audited) Quarter Ended 31.03.2025 (Audited) Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Total Income from operations (net) - - - -
Net Profit/(Loss) for the period (Before Tax and after exceptional items) (25.82) (11.93) (74.25) (42.31)
Net Profit/(Loss) for the period after tax (after exceptional items) (25.82) (11.93) (74.25) (42.31)
Equity Share Capital 2641.91 2641.91 2641.91 2641.91
Earning per share (Basic) (0.000) (0.000) (0.000) (0.000)

Regulatory Disclosures

The audited financial results are an extract of the detailed format filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor of the company has carried out the audit report of the financial results. The complete format of the quarterly financial results is available on the websites of the stock exchanges and the company's official website.

Historical Stock Returns for Citurgia Biochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%-0.99%+25.47%+140.81%+140.81%+140.81%

What strategic initiatives is Citurgia Biochemicals undertaking to resume income from operations?

How does the company plan to fund its ongoing expenses given the consecutive years of zero operational revenue?

Is there a projected timeline for the company to return to profitability and positive cash flow?

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Citurgia Biochemicals reports net loss of ₹74.25 lakh in FY26

1 min read     Updated on 30 May 2026, 05:09 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Citurgia Biochemicals Limited reported a widened net loss of ₹74.25 lakh for FY26, compared to ₹42.31 lakh in the previous year, with zero revenue from operations. The Board approved the audited results on May 30, 2026, and the statutory auditors issued an unmodified opinion. Total assets decreased to ₹1,047.04 lakh, while total equity remained negative at ₹773.41 lakh.

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*this image is generated using AI for illustrative purposes only.

Citurgia Biochemicals Limited reported a net loss of ₹74.25 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹42.31 lakh in the previous year. The company recorded zero revenue from operations for the period, while total expenses increased to ₹74.25 lakh from ₹42.31 lakh in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditors, M/s. G.P. Keshri & Associates, issued an unmodified audit report on the financial results. The company reported a net loss of ₹25.82 lakh for the quarter ended March 31, 2026, compared to a net loss of ₹11.93 lakh in the corresponding quarter of the previous year. Total expenses for the quarter stood at ₹25.82 lakh, up from ₹11.93 lakh in the same period last year.

Financial Performance

The company's financial results for the year ended March 31, 2026, reflect a continued period of operational inactivity with respect to revenue generation. The primary components of the expenses included employee benefit expenses, depreciation, and other costs.

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Total Revenue - -
Total Expenses 74.25 42.31
Profit/Loss for the period (74.25) (42.31)
Earnings Per Share (Basic) (0.000) (0.000)

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹1,047.04 lakh, a decrease from ₹1,076.40 lakh in the previous year. The equity position showed a negative balance of ₹773.41 lakh, compared to a negative balance of ₹699.16 lakh in the prior year.

Particulars As at 31.03.2026 (₹ in Lakhs) As at 31.03.2025 (₹ in Lakhs)
Total Assets 1,047.04 1,076.40
Total Equity (773.41) (699.16)
Total Liabilities 1,820.45 1,775.56

The cash flow statement indicated a net increase in cash and cash equivalents of ₹0.81 lakh for the financial year, bringing the closing balance to ₹12.69 lakh. The trading window for the company's equity shares, which was closed from April 1, 2026, will open 48 hours after the financial results are declared to the stock exchanges.

Historical Stock Returns for Citurgia Biochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%-0.99%+25.47%+140.81%+140.81%+140.81%

What is the company's strategic plan to resume revenue-generating operations?

How does Citurgia Biochemicals intend to bridge the widening deficit in its equity position?

With cash reserves at ₹12.69 lakh, what is the estimated runway before liquidity becomes critical?

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1 Year Returns:+140.81%