Quintegra FY26 net loss widens to ₹8.28 lakh

2 min read     Updated on 22 May 2026, 06:10 AM
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Quintegra Solutions Limited reported a widened net loss of ₹8.28 lakh for the financial year ended March 31, 2026, compared to ₹8.10 lakh in the previous year. The company recorded zero revenue from operations, with total expenses rising marginally to ₹8.28 lakh. Shareholders' funds remained in deficit at ₹1,307.65 lakh, while total assets were valued at ₹119.96 lakh.

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Quintegra Solutions Limited has released its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 21, 2026. The company continues to operate in a single segment without any subsidiaries.

Financial Performance

For the financial year ended March 31, 2026, Quintegra Solutions reported a net loss of ₹8.28 lakh. This represents a slight increase from the net loss of ₹8.10 lakh recorded in the previous fiscal year ended March 31, 2025. The company did not generate any revenue from operations during the current or prior year. Total income for the year stood at nil, with other income and finance income also recorded at zero.

Expenses for the year totaled ₹8.28 lakh, marginally higher than the ₹8.10 lakh reported in the previous year. Other expenses constituted the majority of the costs, amounting to ₹8.78 lakh for FY26 compared to ₹8.09 lakh in FY25. Employee benefits expense was negligible, recorded at ₹0.01 lakh in the prior year and nil in the current year.

Quarterly Results

For the quarter ended March 31, 2026, the company posted a net loss of ₹1.36 lakh. This is wider than the net loss of ₹0.30 lakh reported in the corresponding quarter of the previous year ended March 31, 2025. Total expenses for the quarter stood at ₹1.36 lakh, driven primarily by other expenses of ₹1.41 lakh. Revenue from operations for the quarter remained nil.

Earnings Per Share

The basic and diluted earnings per share (EPS) for the financial year ended March 31, 2026, stood at a negative ₹0.031. This compares to a negative EPS of ₹0.030 for the previous year. For the quarter ended March 31, 2026, the basic and diluted EPS was recorded at a negative ₹0.005.

Financial Position

As of March 31, 2026, the company's total assets were valued at ₹119.96 lakh, remaining unchanged from the previous year. Non-current assets, primarily consisting of fixed assets, accounted for the entire asset base at ₹119.96 lakh. Current assets were nil.

On the liabilities side, shareholders' funds were negative at ₹1,307.65 lakh, compared to a negative ₹1,299.37 lakh in the previous year. This deficit arose from reserves and surplus of negative ₹3,989.03 lakh against a share capital of ₹2,681.38 lakh. Non-current liabilities, comprising long-term borrowings, stood at ₹1,328.17 lakh, while current liabilities totaled ₹99.44 lakh.

Audit and Compliance

The Statutory Auditors, M/s. S V S R and Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the financial statements for the year ended March 31, 2026. The company also disclosed related party transactions, noting advances and loans received from associate companies, promoters, and directors totaling approximately ₹12.98 crore as of March 31, 2026.

Financial Highlights for FY26 Amount (₹ in Lakhs)
Net Loss (8.28)
Total Income -
Total Expenses 8.28
Basic EPS (0.031)
Share Capital 2,681.38
Reserves and Surplus (3,989.03)
Net Worth (1,307.65)
Total Assets 119.96

Given Quintegra Solutions' deeply negative net worth of ₹1,307.65 lakh and zero revenue for multiple consecutive years, what restructuring or revival plan, if any, is the management considering to restore the company to operational viability?

With long-term borrowings of ₹1,328.17 lakh and related party loans from promoters and directors totaling ₹12.98 crore, how sustainable is this debt structure, and what are the repayment obligations that could further strain the company's financial position?

How might stock exchanges or regulatory bodies like SEBI respond to Quintegra Solutions' prolonged zero-revenue status and negative net worth, and could the company face delisting proceedings in the near future?

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Quintegra Promoters Declare No Encumbrance On Shares For FY26

1 min read     Updated on 20 May 2026, 04:01 AM
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Quintegra Solutions Limited disclosed that its promoter, Shankarraman Vaidyanathan, and promoter group members V Sriraman and V Mangalam have not made any encumbrance on their shares during FY26. The declarations were submitted to the BSE and NSE on April 20, 2026, under SEBI regulations.

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Quintegra Solutions Limited has informed the stock exchanges that its promoters and promoter group members have not created any encumbrance on their shares during the financial year 2025-26, other than those previously disclosed. The company submitted the necessary declarations under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to the Bombay Stock Exchange and the National Stock Exchange on April 20, 2026.

Declarations from Promoters

The disclosures were submitted by key individuals associated with the company. Shankarraman Vaidyanathan, a Promoter of Quintegra Solutions Limited, confirmed that neither he nor any persons acting in concert with him created any encumbrance on the shares held by him during the specified period. This declaration was signed on April 2, 2026.

Promoter Group Disclosures

In addition to the promoter, members of the promoter group also provided similar confirmations. V Sriraman, a Member of the Promoter Group and Wholetime Director, declared that he and persons acting in concert did not create any encumbrance on shares held by him during FY26. V Mangalam, also a Member of the Promoter Group, submitted a separate declaration confirming the absence of any new encumbrances on his holdings for the financial year 2025-26.

Submission Details

The company formally enclosed these three declarations with its communication to the exchanges. The filing, signed by V Sriraman on behalf of Quintegra Solutions Limited, confirmed that the documents were submitted for the information and records of the exchanges. The declarations cover the financial year ended March 31, 2026.

Declarant Role Date of Declaration
Shankarraman Vaidyanathan Promoter April 2, 2026
V Sriraman Member of Promoter Group April 2, 2026
V. Mangalam Member of Promoter Group April 2, 2026

How has Quintegra Solutions' promoter shareholding pattern evolved over the past three fiscal years, and are there any signs of potential stake changes in FY2026-27?

Given the clean encumbrance record, could Quintegra Solutions be positioning itself for a potential fundraising, merger, or acquisition activity in the near future?

How does Quintegra Solutions' promoter encumbrance compliance record compare to peers in the IT solutions sector, and what does this signal about corporate governance standards?

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