Impera Worldwide Limited (formerly Rishab Special Yarns Limited) reported a net loss of ₹7.01 lakh for the first quarter of FY27, ending June 30, 2026. The loss widened significantly compared to the ₹4.14 lakh loss recorded in the corresponding quarter of FY26. The company recorded zero revenue from operations during the period.

The board of directors approved the unaudited financial results on August 12, 2026. Alongside the financials, the board recommended the appointment of M/s. Shravan A. Gupta & Associates as secretarial auditors for a five-year term commencing from FY27, subject to shareholder approval at the upcoming annual general meeting.

Financial Performance

The company’s standalone results reflect a period of operational dormancy in terms of top-line generation, with expenses constituting the entirety of the financial activity.

Total income remained at zero, as there was no revenue from operations or other income. Total expenses rose to ₹7.01 lakh from ₹4.14 lakh in the previous year’s quarter. This increase was driven by higher employee benefit expenses and other expenses.

Employee benefit expenses increased to ₹1.66 lakh from ₹0.51 lakh year-on-year. Other expenses also saw a rise, climbing to ₹5.35 lakh from ₹3.63 lakh. There were no purchases of stock-in-trade, finance costs, or depreciation charges recorded in the current quarter.

What the Numbers Show

The financial data highlights a complete absence of revenue-generating activities during Q1FY27. With revenue at zero, the entire expense base—comprising employee benefits and other administrative outflows—translated directly into the net loss. This indicates that the company is incurring fixed operational costs without any offsetting business inflows, a pattern consistent with the zero revenue reported in the prior year’s quarter as well.

Impera Worldwide Limited has appointed Avinash Yadav as the Managing Director of the company for a term of five years. The appointment is effective from July 11, 2026, and is subject to the approval of the shareholders. This strategic leadership change aims to leverage Avinash Yadav's extensive experience in strategic planning and business development to drive organizational growth.

The Board of Directors approved the appointment during its meeting held on July 11, 2026. The decision was based on the recommendation of the Nomination & Remuneration Committee. The meeting commenced at 7:15 P.M. and concluded at 7:45 P.M.

Appointment Details

The appointment of Avinash Yadav (DIN: 11734727) is in the category of Executive Director designated as Managing Director. The details of the appointment are as follows:

Avinash Yadav has affirmed that he is not debarred from holding the office of director by virtue of any order passed by the Securities and Exchange Board of India (SEBI) or any other such authority. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.