Fruition Venture FY26 net loss widens to ₹98.27 lakh

1 min read     Updated on 30 May 2026, 02:58 PM
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AI Summary

Fruition Venture Limited reported a net loss of ₹98.27 lakh for FY26, widened from ₹21.92 lakh in FY25, despite revenue from operations rising to ₹520.42 lakh. The board approved the audited standalone financial results on May 29, 2026.

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Fruition Venture Limited reported a net loss of ₹98.27 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹21.92 lakh in the previous year. The company's board approved the audited standalone financial results for the quarter and fiscal year during a meeting held on May 29, 2026. Revenue from operations for the year stood at ₹520.42 lakh, a significant increase from ₹362.82 lakh in FY25, while total income from operations rose to ₹520.42 lakh from ₹362.82 lakh.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹134.14 lakh, compared to a loss of ₹9.53 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 was ₹148.24 lakh, up from ₹109.71 lakh in Q4FY25. The board noted that the audited standalone financial results were prepared in accordance with Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 and reviewed by the audit committee.

Financial Performance

The company's net profit before tax for FY26 was ₹38.53 lakh, compared to a loss of ₹14.93 lakh in the previous year. However, after tax, the company reported a net loss of ₹98.27 lakh. The basic earnings per share (EPS) for FY26 was reported as a loss of ₹1.95, compared to a loss of ₹0.85 in FY25. For the quarter ended March 31, 2026, the basic EPS was a loss of ₹3.35.

Balance Sheet and Cash Flow

The company's paid-up equity share capital remained constant at ₹400 lakh, while other equity increased to ₹125.64 lakh from ₹78.81 lakh. The total comprehensive income for the period for FY26 was reported at a loss of ₹78.18 lakh, compared to a loss of ₹33.88 lakh in the previous year.

Key Meeting Details

Detail Information
Company Name Fruition Venture Limited
Meeting Date May 29, 2026
Purpose Audited Financial Results for Q4 and FY ended March 31, 2026
Scrip Code 538568

Historical Stock Returns for Fruition Venture

1 Day5 Days1 Month6 Months1 Year5 Years
-4.74%-12.42%-16.59%-30.38%-20.89%+221.30%

What specific factors caused the drastic increase in tax expenses that turned a pre-tax profit into a net loss?

How does the company plan to curb the widening losses in Q4 to achieve profitability in the upcoming fiscal year?

Will the increase in revenue from operations be sufficient to sustain the company's growth without further capital infusion?

Fruition Venture Limited Receives BSE Approval for Promoter Reclassification to Public Category

1 min read     Updated on 23 Apr 2026, 12:40 AM
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Radhika SScanX News Team
AI Summary

Fruition Venture Limited has received BSE approval for reclassifying three promoters - Nitin Jain, Nitin Jain HUF, and Sanhit Jain - to public category under SEBI Regulation 31A. The approval was granted on April 20, 2026, with all three entities holding zero shares and zero percentage shareholding. The reclassification represents a significant change in the company's shareholding structure and has been processed in full compliance with regulatory requirements.

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Fruition Venture Limited has announced that it has received approval from BSE Limited for the reclassification of promoters to the public category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval was granted on April 20, 2026, marking a significant development in the company's shareholding structure.

Regulatory Approval Details

The company disclosed the approval through a formal communication to BSE Limited on April 22, 2026, pursuant to Regulation 31A(10) of the SEBI (LODR) Regulations, 2015. The reclassification has been processed in accordance with the regulatory framework governing promoter category changes.

Promoter Reclassification Breakdown

The approval covers the reclassification of three entities from promoter status to public category:

Entity: Shares Held Shareholding (%)
Nitin Jain: 0 0
Nitin Jain HUF: 0 0
Sanhit Jain: 0 0
Total: 0 0

All three entities currently hold zero shares and maintain zero percentage shareholding in Fruition Venture Limited at the time of reclassification.

Regulatory Compliance

The reclassification has been executed in full compliance with Regulation 31A of the SEBI (LODR) Regulations, 2015. The approval ensures that the former promoters will henceforth be classified under the public category, representing a formal change in their status within the company's shareholding framework.

Corporate Communication

The disclosure was signed by Nitin Aggarwal, Managing Director of Fruition Venture Limited (DIN: 01616151), and submitted to BSE Limited's Listing Compliance Monitoring Cell. The company has requested BSE to take the reclassification information on record as part of its ongoing compliance obligations.

Historical Stock Returns for Fruition Venture

1 Day5 Days1 Month6 Months1 Year5 Years
-4.74%-12.42%-16.59%-30.38%-20.89%+221.30%

What strategic changes in corporate governance or business direction might Fruition Venture pursue following this promoter reclassification?

How could this reclassification impact Fruition Venture's ability to raise capital or attract institutional investors in the future?

Will the company consider implementing new shareholder-friendly policies or dividend strategies now that former promoters have been reclassified?

More News on Fruition Venture

1 Year Returns:-20.89%